ATM - A2 Milk Corporation Limited

[alokdhir]

[QUOTE=bull....;863841]

the $10 held taking off now , i do day trades so ignore my commentary unless you doing the same , im short long term still

Seems like 10.40 stopped it ...first small hurdle it cud not cross ...shows further bearishness ...till below 11.45 ...no bounce prospects !!

[petty]

Hell of a bearish feed this has become. I'm an investor not a trader. As Buffet said you should only be prepared to invest in stocks by asking yourself if you would be happy to hold them if the stock market closed for 5 years. I agree with comments made here indicating that downgrades are COVID related therefore I see the 5 year horizon similar now to how I saw it in January 20.
Having said that I appreciate many here are traders and therefore your approach will be different.
For investors who are new to investing. Be mindful of coming here (sharetrader) for investment advice or insights. DOYR, follow your convictions and if you're an investor be guided by where you see A2 in 5 years not 5 months.

(That being said what a painful pre christmas kick in the guts)

[LEMON]

Wonder if the institutes have anything to do with boosting the price?
They wouldn't want to see ATM falling so low and leaving sour tastes.

[Lease]

Hell of a bearish feed this has become. I'm an investor not a trader. As Buffet said you should only be prepared to invest in stocks by asking yourself if you would be happy to hold them if the stock market closed for 5 years. I agree with comments made here indicating that downgrades are COVID related therefore I see the 5 year horizon similar now to how I saw it in January 20.
Having said that I appreciate many here are traders and therefore your approach will be different.
For investors who are new to investing. Be mindful of coming here (sharetrader) for investment advice or insights. DOYR, follow your convictions and if you're an investor be guided by where you see A2 in 5 years not 5 months.

(That being said what a painful pre christmas kick in the guts)

This forum indeed has a lot of long-term share investors.

[winner69]

Hell of a bearish feed this has become. I'm an investor not a trader.....

.....

(That being said what a painful pre christmas kick in the guts)

Investors probably feeling the effect being $8 billion poorer from a few months ago

[dobby41]

Although ATM still have all but a 20% holding in SML - albeit looking less valuable by the day. Only thing is infant formula approvals?

I thought they had 20% rather than all but 20% (ie 80%)?

[dreamcatcher]

Only BRAND Toyota can call their cars Toyota..........

[Sideshow Bob]

I thought they had 20% rather than all but 20% (ie 80%)?

Sorry - but was meaning very very close to a 20% holding. Will edit to make clearer.

[Waltzing]

"Having said that I appreciate many here are traders "

some operations do both. Often it depends on the stock and its life cycle and its sector. To say TRADER or INVESTOR is not actually accurate. Some operations are more complex than that.

If this stock has no IP and has build a market based only approach to its product with nothing else than some Operators may decide its a TRADE and other stock are a HOLD.

[Akane]

Wonder if the institutes have anything to do with boosting the price?
They wouldn't want to see ATM falling so low and leaving sour tastes.

Instos most likely have insider information and would've offloaded before the halt was in place.