ATM - A2 Milk Corporation Limited

[Gregnz]

Given the other comments here, surely upside is a given?

Market is a market - buyers and sellers, and shorters by definition are traders.

Yes. Understand that. I guess I was hoping to understand why a company with seemingly endless downside, meaning more profit for shorters, would see millions of short positions closed in the past two weeks.

[Balance]

Yes. Understand that. I guess I was hoping to understand why a company with seemingly endless downside, meaning more profit for shorters, would see millions of short positions closed in the past two weeks.

I suspect you are grouping shorters into one single minded market organism - which they are not.

They will all have differing opinions and trading strategies.

Still plenty of stock shorted.

[Baa_Baa]

that’s a very odd explanation. Yes I understand they are locking in profits, but that makes absolutely no sense if they are convinced there is further downside.

like he said, you might not have understood and focused on the 'profits' part of his answer rather than the 'risk/reward' part.

simply put, of the 8% shorts a wee while ago, 2% have subsequently decided the risk of staying short isn't worth it and closed out; while 6% currently think the reward is still worth it staying short.

[Baa_Baa]

I suspect you are grouping shorters into one single minded market organism - which they are not.

They will all have differing opinions and trading strategies.

Still plenty of stock shorted.

precisely, it's not some binary equation where all shorts think the same, or all longs think the same.

[Gregnz]

like he said, you might not have understood and focused on the 'profits' part of his answer rather than the 'risk/reward' part.

simply put, of the 8% shorts a wee while ago, 2% have subsequently decided the risk of staying short isn't worth it and closed out; while 6% currently think the reward is still worth it staying short.

Great explanation. Thank you

[Balance]

like he said, you might not have understood and focused on the 'profits' part of his answer rather than the 'risk/reward' part.

simply put, of the 8% shorts a wee while ago, 2% have subsequently decided the risk of staying short isn't worth it and closed out; while 6% currently think the reward is still worth it staying short.

In fact, shorts have gone from 61m down to 49m - so 80% (on latest data) are staying in for further gains while 20% are happy to lock in some nice fat juicy profits from ATM going backwards.

[bull....]

$10 in aus the line in the sand eh

[BlackPeter]

$10 in aus the line in the sand eh

... well, yes - lines in the sand are easy to cross ;

[Beagle]

Oat milk another growing challenge. My cousin Graham is a hard worker and a very bright guy. (I see he grows 7 or 8 things) https://www.stuff.co.nz/national/124...uthland-farmer
A lot of advertising for almond milk on T.V at the moment too. I think they get the message across much better than the ATM television adds which simply claim A2 milk makes you feel better.
Can't help wondering if the groundswell to real alternative cow milk won't just keep on growing.

[LEMON]

I agree, Oat/coconut & almond milk is becoming the new choice for many and it's also "cool" to be drinking alternative and many claim benefits.