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25-01-2021, 01:11 PM
#19691
Originally Posted by bull....
we are still short riding the trend down. nothing has changed fundamentally at the moment in regards to the factors affecting a2 sales etc at the moment. be strong stay with the trend.
Are the shorter doing their own market research or just depending on gut feel ? When will they know about any changes at grass root level ...thru company announcement or their own research ? If thru company announcement then stock will open 20% up and then what will they do ? Just curious as in my view shorters also playing with fire at these levels ...playing casino
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25-01-2021, 01:58 PM
#19692
Originally Posted by alokdhir
Are the shorter doing their own market research or just depending on gut feel ? When will they know about any changes at grass root level ...thru company announcement or their own research ? If thru company announcement then stock will open 20% up and then what will they do ? Just curious as in my view shorters also playing with fire at these levels ...playing casino
i do my own research. read the thread. I explained on this thread why a2 was past it at the moment well before anyone else here to much abuse of course and dis belief , even the beagle was well behind the bull on this.
even mentioned a number of times as well on here that feihe was the new best thing of course to much dis belief lol . what ya know feihe is at all time highs , a2 at all time lows.
fundamanetals will change again one day but at the moment it is down down down
one step ahead of the herd
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25-01-2021, 02:13 PM
#19693
Originally Posted by bull....
i do my own research. read the thread. I explained on this thread why a2 was past it at the moment well before anyone else here to much abuse of course and dis belief , even the beagle was well behind the bull on this.
even mentioned a number of times as well on here that feihe was the new best thing of course to much dis belief lol . what ya know feihe is at all time highs , a2 at all time lows.
fundamanetals will change again one day but at the moment it is down down down
Ok as u say . U seem to have strong conviction that ATM is going below $ 10 . Will wait to see what happens .
Disclose : No position but following for learning how a strong company SP behaves during a down trend and also want to learn what to know to short a stock at low levels !
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25-01-2021, 02:24 PM
#19694
Originally Posted by davflaws
That makes sense to me. Doesn't conventional wisdom suggest you should wait until an uptrend is confirmed before entering? Or have I misunderstood something?
Courage of conviction is what I was taught years ago when considering whether an analyst's research and recommendation is worth following.
Does not mean the analyst is going to make the right call (call is for you to decide) but an analyst who's prepared to state Buy or Sell, rather than a placid 'hold' or 'neutral' usually provides compelling reasons as to why.
So this 'could be a buy' comment in the article is a nothing call.
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25-01-2021, 03:18 PM
#19695
chart indicates the next support level are under 10 and under 8.
While we would love to say its a buy for us the geo risk is still alive and the data will provide a buy or sell signal.
This one is getting to hard to pick until you see the numbers.
Last edited by Waltzing; 25-01-2021 at 03:20 PM.
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25-01-2021, 03:56 PM
#19696
A lot hinges on the results. I dont for a minute think that the large institutional holders who last time I checked held between 70%-80% of all available shares (who are still buying like Blackrock) will sit back and let the share price crash to $8 even if the technicals suggest it should.
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25-01-2021, 04:27 PM
#19697
Originally Posted by Gregnz
A lot hinges on the results. I dont for a minute think that the large institutional holders who last time I checked held between 70%-80% of all available shares (who are still buying like Blackrock) will sit back and let the share price crash to $8 even if the technicals suggest it should.
Why would large institutional shareholders want to manipulate the share price? They bought the shares for a reason and the day to day price of the share does not matter a bit to them (well, maybe for the annual bonus of the fund manager, but I doubt they will manipulate the ATM share price to fix that issue).
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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25-01-2021, 04:39 PM
#19698
Originally Posted by BlackPeter
Why would large institutional shareholders want to manipulate the share price? They bought the shares for a reason and the day to day price of the share does not matter a bit to them (well, maybe for the annual bonus of the fund manager, but I doubt they will manipulate the ATM share price to fix that issue).
Sorry, I think you misunderstood what I wrote. I didn't say manipulate, I'm fairly certain they will start to increase their holdings if they see long term value and a declining share price. The big holders buying will be enough to mitigate any major fall in share price.
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25-01-2021, 04:46 PM
#19699
Originally Posted by Gregnz
Sorry, I think you misunderstood what I wrote. I didn't say manipulate, I'm fairly certain they will start to increase their holdings if they see long term value and a declining share price. The big holders buying will be enough to mitigate any major fall in share price.
That's like saying that hens lay eggs and eggs hatch into chickens!
Pertinent issue is where the institutions see long term value! If there's a third downgrade (high probability) after the new CEO has properly put his feet under the table and go through all the workings of the first two downgrades, long term value may be $7.50!
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25-01-2021, 04:52 PM
#19700
Originally Posted by Balance
That's like saying that hens lay eggs and eggs hatch into chickens!
Pertinent issue is where the institutions see long term value! If there's a third downgrade (high probability) after the new CEO has properly put his feet under the table and go through all the workings of the first two downgrades, long term value may be $7.50!
Yes, hence why I said a lot hinges on the results. If there isnt a 3rd downgrade (and they dont always come in threes) and guidance is achieved, they might see long term value at $20+. My guess is as good as everyone elses at this point.
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