Originally Posted by
HKG2301
This kinda sums up the situation for me. Competing influences of...
* Product factors, is A2 milk really a 'thing' (and are the various markets prepared to pay a premium for it)
* Covid-factors, such as daigou 'choking' (never a huge, or reliable channel in its own right anyway)
* Geo-political factors, ie China really is taking Oz to task here to prove a point (will this come to affect ATM?)
* Economic factors (will ATM be able to continue as a premium 'growth' story as it expands in various markets, not just China)
* Investment factors, ie institutional v's retail investment (RobinHooders / Sharesies investors driving much of the present bull market)
* ASX shorting factors, which have been a huge influence to date, but historically/inevitably end in a momentous short squeeze (eg TSLA)
* Market factors, as Baa_Baa refers to above, including TA support levels (if you're into that kind of thing)
* Personal factors, such as balanced exposure, risk appetite, buy-and-hold v's ?, etc. You know, the usual stuff :)
Which is a heap to consider, but balances out for every individual: if/when to buy in, and at what price?
Personally, I'm in, and adding every time the sp drops below $14-ish, but this is a small part of my portfolio and balanced by other non-dairy, non-NZ, non-China, non-equity, non-whatever.
It's a risk/reward deal, like any other investment decision you make. ie you balance your risk v's the possible rewards.
Don't mean to sound preachy, but that's about it, as far as I can tell...