Already have. Sold about 60% of holding to get into div stocks and power companies. A2 is just doing the usual 12 monthly up down cycle. :eek2:
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My odds are on a bounce starting from tomorrow:
- Lower low created today, but no real follow through seen
- RSI massively oversold on most timeframes
- An hourly higher low looks to be forming, but need ASX to break 14.13 tomorrow to confirm hourly uptrend
- Massive short interest. Expect a rush to cover if that hourly uptrend is confirmed
Disc: took a half sized long position on close today with a very tight stop. Will add the other half on a confirmation of hourly uptrend.
Does any one familiar with the term "Report Gross Short sale"? Is it correct to assume that these are the number of shares that shorters sold on the open market or bought and sold as well?
The Gross short sale on Monday was 4,619,317, Tuesday was 3,661,712 and yesterday was 2,097,303.
Classic argument.......no clear answer. Ever since I've been investing good company's are always deemed 'expensive' in terms of PE.
I smiled when Winner pointed awhile ago that if ATM was on the same PE as FPH its SP would be closer to $30 (Just saying.)
Real question is.... what is the appropriate PE for a company such as ATM?
If daigou can not take home the A2M tins, mean the demand within the country does increase. E=MC2
Turn around the baby's capacity requirement for A2M is the same. It is just same seat different plane.
Thoughts?
Not sure it is that easy. Billions of babies managed to grow up without the benefit of A2 A2IF. There are plenty of other infant formulas around in China, and some of them are even as well A2 and from abroad.
Sure - I realize that we think A2 IF is the champagne of the Infant formulas (and maybe it is), but hey - if you are thirsty and can't buy champagne, than maybe you find out that some other bubblies are drinkable as well - if you see what I mean.
While it is well possible that the A2 IF using so far the Daigou channel finds another way into China, I don't think there is a guarantee that it will be as efficient ...