ATM - A2 Milk Corporation Limited

[tomm]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

It might not be because there are too much shorts (8%), this is way too over bought if it is just 3-6% of shorts but not in this case just yet.

[BlackPeter]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

Don't they say: "Let the profits run"?

[allfromacell]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

Well done, $0.50 EPS this is now trading on a forward PE of 31 which in my view is about fair value. I reckon it can heat up well past fair value as it has in the past and reckon we'll see a new all time high before the results announcement in Feb, expect plenty of tree shakes between then and now.

[RTM]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

Excellent news Couta…..been quite a ride.
Better than Queenstown ?
Genuinely pleased you came out of this in good shape.

[couta1]

Don't they say: "Let the profits run"?

You cant eat unrealised profits.

[BlackPeter]

You cant eat unrealised profits.

True that ... though you could leave the profits in the stock and go fishing ;

[tomm]

Someone from AUS just sold 1mil shares

[44wishlists]

Someone from AUS just sold 1mil shares

Or, someone from AUS just BOUGHT 1mil shares

[carrom74]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

Well done couta! Have sold all mine too today. May be not at the price you had sold...but still no regrets..bought MET and HLG... and keeping some leftover money to buy Atm on dips...

[Beagle]

I'm all out now, will wait for a dip as it's getting way overbought, happy to book the profit and keep it.

Congrats. We know this is cyclical and could easily fall back to fair value of $13 at any stage.
Take the money and run and buy something much better value that pays a decent dividend.