ATM - A2 Milk Corporation Limited

[bull....]

Technically there are some pretty bad breakdowns occurring. The break of support at 1250 could indicate a gap fill back to the ~950 support range. Let's see what happens once ASX opens and where it closes.

first gap is under 12 , they are talking about filling the gaps in asx too so see if they go for it too when they open

[Nasi Goreng]

its like a giant slippery slide

[Lorne Ranger]

Knee-jerk reaction from investors who deep down think their recent gains are too good to last. Theres great buying here I reckon.

[BlackPeter]

its like a giant slippery slide

that's anti hype, is it?

This is a high beta stock ... and the shorter's love it. I am always wondering who looses the money the shorter's gain from this stock? Probably the people who tend to panic every time the high beta creates a down swing? Sell low and buy high ...

BTW - SP still well above the MA50, MA100 and MA200. No need to panic, yet ;

[whatsup]

Q, N Z prices seem to have levelled off atm but will the sell off return once Aust opens because of the amount of shares held by margin traders, stop losses etc ?

[BlackPeter]

Q, N Z prices seem to have levelled off atm but will the sell off return once Aust opens because of the amount of shares held by margin traders, stop losses etc ?

You mean the Australians have an amateur hour as well ?

[percy]

Well said mate.
Some non-holders who've recently started sharing their "expertise" on the subject would do themselves a favour to stick to companies they know and understand.

Should you be referring to my posts on this thread,you are correct.
I have no "expertise" on the subject,and no understanding of A2.
Never have done,and dought I ever will.
I have no love of cows,milk, or dairy produce.

[RupertBear]

Should you be referring to my posts on this thread,you are correct.
I have no "expertise" on the subject,and no understanding of A2.
Never have done,and dought I ever will.
I have no love of cows,milk, or dairy produce.

Aww Percy cows are quite cute!

[whatsup]

You mean the Australians have an amateur hour as well ?

No but Yes they are under the control of their margin providors with stop losses in places for such a sell off as we have had here in N Z today !! twt !

[Bazingaboy]

Had to drain my milk bath - the milk was going sour and I couldn't afford to replace it