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  1. 16-04-2020, 12:53 PM #1711
    Ecks
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    Quote Originally Posted by bottomfeeder View Post
    Been reading on other threads about sharsies and other new investors looking at sharetrader. I never really followed MET, because it always seemed to be at top dollar SP. It was only when I saw a lot of talk here on sharetrader abiut MET on both sides of the fence, that I started to accumulate. Looks like I am into a winner. Thanks guys and gals. Pride does however go before destruction so wont get too excited yet.
    Imagine the Nike logo, now add in an elongated Z onto the tail of the tick, this is how the share market will carry on through the entirety of Q2.
    Last edited by Ecks; 17-04-2020 at 02:38 PM. Reason: Grammar correction
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  2. 17-04-2020, 10:51 AM #1712
    bottomfeeder
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    Must be a lot of buying pressure keeping the share price up as the overseas funds sell down.
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  3. 17-04-2020, 10:53 AM #1713
    bottomfeeder
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    Quote Originally Posted by Balance View Post
    It's going to go back to $5 in a matter of time anyway when the arb funds finish selling (they cannot sell forever).

    http://nzx-prod-s7fsd7f98s.s3-websit...669/320802.pdf
    Oops can't really take credit for the eureka moment in my previous post.
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  4. 17-04-2020, 11:40 AM #1714
    Balance
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    Quote Originally Posted by bottomfeeder View Post
    Must be a lot of buying pressure keeping the share price up as the overseas funds sell down.
    The arb funds were buying at $6.80 plus - by the millions of shares.

    Whoever were selling to them must be crying into their champagne and caviar as they buy back at around current levels.

    There is a Santa Claus!
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  5. 17-04-2020, 11:50 AM #1715
    Beagle
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    Quote Originally Posted by Balance View Post
    The arb funds were buying at $6.80 plus - by the millions of shares.

    Whoever were selling to them must be crying into their champagne and caviar as they buy back at around current levels.

    There is a Santa Claus!
    I don't know about them but I know I am MET, the gift that keeps on giving
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  6. 17-04-2020, 12:00 PM #1716
    Joshuatree
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    I was getting bored with all that spin about SUM other company and relieved that another one has MET your brief (mine too).
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  7. 17-04-2020, 01:41 PM #1717
    Beagle
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    Quote Originally Posted by Joshuatree View Post
    I was getting bored with all that spin about SUM other company and relieved that another one has MET your brief (mine too).
    Sadly SUM has not MET expectations
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  8. 17-04-2020, 03:32 PM #1718
    bottomfeeder
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    Somebody is buying and keeping the price up, Credit Suisse reduced exposure as well. Cant imagine why?
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  9. 17-04-2020, 03:34 PM #1719
    Beagle
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    I am taking a "dogged" approach. Added more today.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  10. 17-04-2020, 03:49 PM #1720
    bottomfeeder
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    Quote Originally Posted by Beagle View Post
    I am taking a "dogged" approach. Added more today.
    Yes me too at $4.00. I think thats the highest I will go, will need the price to reduce below $4-00 to accumulate any more.
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