-
03-04-2018, 11:39 AM
#8091
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
03-04-2018, 11:43 AM
#8092
Originally Posted by misterx
The fall is crazy... think the sp has dropped more than 15 percent in just last week.. I think I have a migraine sigh
And 20% off its high
Some punters define that as a crash ...more than a correction
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
03-04-2018, 11:49 AM
#8093
The latest Herald article is headed, A2 milk share price tumble continues on Nestle threat. These reporters are so lame that that don't bother to open their eyes to see the true cause of the continued fall, that is unless they are serial downrampers who want to pick up cheap shares.
-
03-04-2018, 11:49 AM
#8094
Originally Posted by winner69
And 20% off it’s high
Some punters define that as a crash ...more than a correction
Dancing today along the EMA 50 - and still ways to go to even come close to the EMA 100. Technically the share is in an unbroken uptrend. But yes, given the previous steep rise there is obviously lots of territory to cover for the SP to fall back and still stay in an uptrend.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
03-04-2018, 11:55 AM
#8095
a2 the fang stock of the nzx
one step ahead of the herd
-
03-04-2018, 11:56 AM
#8096
Originally Posted by BlackPeter
Dancing today along the EMA 50 - and still ways to go to even come close to the EMA 100. Technically the share is in an unbroken uptrend. But yes, given the previous steep rise there is obviously lots of territory to cover for the SP to fall back and still stay in an uptrend.
Bitcoin gone below 200MA .....just a point of interest
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
03-04-2018, 12:16 PM
#8097
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
03-04-2018, 12:17 PM
#8098
Originally Posted by BlackPeter
Confused . How do you milk Bitcoin and how do you know they produce A2 milk?
Always thought the idea of Bitcoin is to milk the investors ... but this is another thread.
Maybe the charts are beginning to look similar .......
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
03-04-2018, 12:37 PM
#8099
Every time there is a large correction, the ghosts of those that missed out on the best performing business ( not just a hyped stock ) on the market come out of the woodwork as if their views had just been validated...
A2 is all over wechat trade rooms, their momentum is not only here to stay, it seems to be gaining...
Only reason I am not buying currently is because I think it will go lower as the global market weighs it down, will be topping up when the market cools it.
-
03-04-2018, 01:00 PM
#8100
Originally Posted by BlackPeter
Confused . How do you milk Bitcoin and how do you know they produce A2 milk?
Always thought the idea of Bitcoin is to milk the investors ... but this is another thread.
LOL
Originally Posted by winner69
Maybe the charts are beginning to look similar .......
I think you might be getting a little ahead of yourself mate. ATM still miles above its 100 day MA of about $9.70. Bitcoin on the other hand is starting to look pretty sick.
Actually any comparison between this and the FANG stocks is inappropriate. This company is making money, growing very strongly and probably trading on a FY19 PE of mid 20's, significantly less than most of the other top NZX10 stocks who are growing far more slowly.
Originally Posted by hardt
Every time there is a large correction, the ghosts of those that missed out on the best performing business ( not just a hyped stock ) on the market come out of the woodwork as if their views had just been validated...
A2 is all over wechat trade rooms, their momentum is not only here to stay, it seems to be gaining...
Only reason I am not buying currently is because I think it will go lower as the global market weighs it down, will be topping up when the market cools it.
I have it in last year's balance sheet at $2.99 market value as at 31 March 2017, (at average cost $2.20). I agree that a lot of people that missed last year's growth are going to come out hating this simply because they are disappointed they missed out...human nature is not always a pretty thing to watch is it ! Clear uptrend remains intact. Happy to have right sized my holding and its still my #1 listed investment position, just ahead of SUM other high growth stock.
Last edited by Beagle; 03-04-2018 at 01:02 PM.
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
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks