Relatively large volume has gone through now, this must be significant from a TA point of view? Bigger seller finally done?
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Relatively large volume has gone through now, this must be significant from a TA point of view? Bigger seller finally done?
I can't fathom why anyone would be selling at least until the Chinese formula registration news comes through - that should be any day now right?
Exactly! Personally buying more now, long may this irrational weakness continue! 100m revenue company with good IP, solid growth and a future becoming brighter by the day, pretty silly to be selling now! Well below many target prices as well. Raging buy for me...
Lol what? I actually don't mind that he's gone as posts are controversial (which is OK), but they're NEVER backed up with anything.
Anyway just wanetd to say that this stock was my 5th pick for the competition, and now it's grabbing my attention a whole lot more.
Think winner is taking the piss seaweed, as I'm pretty sure they don't know each other off ST lol
Moosie made heaps trading on the way up to a buck
Still dabbling on the way done but packed a sad when somebody said tut tut buying in a downtrend
Moosie then became more of an investor ....a couple of times he mentioned this outrageous price:sales ratio and wanted to see real growth before interested.
ATM is now 4 times sales. Moosie said CCL trades at 1.4 times sales. So when ATM sales get to $285m it might be worth 60 cents. When will that be?
considering they are only just making enough money to cover nz and aus markets goodness knows how they can afford to enter the US with only 15m cash on hand. Any serious attempt would need much more than this maybe it be a sloppy job like the UK.
ipredict should run a lottery on how long before they need to raise cash as they burn thru it entering the US
But I told moosie that Freedom trades at outrageous 5 times sales
That would put ATM on about 75 cents at the moment
Allow for ATM superior growth prospects maybe 110 is a fair target