Can get plenty today at much lower than that of y'day :)
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In NBR online today behind paywall...
Beauty of A2’s brand is in eye of the beholder....
Thank you trump and his completely unpredictable behavior. I sold out $17.99 on fundamental basis, (My top range fair value is 17.50-18.50 on aggressive growth stock multiples, $16.50-17.50 on forward multiples I'm comfy with but let is run as momentum was strong) See weed, I suggest you keep some powder dry, I would say it could go near or below 17. Market Sell off may continue in US tonight and we may have a down day Monday. I suspect there will be buying opportunities in the future.
if you want to follow in the "A" ticker category, ANO:ASX, could be all go if results stack up tonight.
This is captain see weed.Hope you had a good day. We are cruising at 1752 and slowly coming to the surface. All hands on deck. Up periscope, to see where we are:).
The stock is being surprisingly resilient with a big down day in the US last night and futures pointing to another red day tonight. Usually ATM gets punished in times like this but it looks like it might even close green in Aussie... Maybe someone knows something?
I also took some off the table and sold 20% of my holdings at around $18. I feel better emotionally as my holding were massive compared to the rest of my portfolio but I get the impression from the market this ain't done running yet. We've got results to look forward to in a few weeks plus an strategy forum being held in September when we'll likely find out whats in-store for the massive pile of cash. History also shows this stock usually runs further after the results and rarely results in a 'sell the news scenario'.
Time will soon tell but the old saying 'let your winners run' usually proves to be good advice, especially with this stock. In saying that there is never anything wrong with taking some profit.
Good luck holders :D
P.S - lets also not forgot about those shorts with still over 40M outstanding!
Yes, very resilient. It has strong support. Still might head back towards $17 if we are lucky.