Gosh - this SP got much ahead of itself. As long as it does not break through the MA 50 (and that's a long way to do down) would I not lose sleep because of a slight backdrop ...
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Gosh - this SP got much ahead of itself. As long as it does not break through the MA 50 (and that's a long way to do down) would I not lose sleep because of a slight backdrop ...
Every week I wait for a correction to buy and the price keeps going up!!
We know how this works... on queue almost twice a week.
Trailing stops are forced out by intraday overselling.
All those day traders playing with ATM get toyed with by the firms.
I made my money by selling too soon. Bernard Baruch
Read more at: https://www.brainyquote.com/quotes/q...bar161320.html
Sold about 15% of my holding 12 months ago at $2.25 to do exactly that, leaving the remaining holding almost at nil cost. Given the massive jump since, I do have the odd sick moment but this is balanced by the main holding doing so well! I just have to remind myself not to be greedy. Despite being far and away my largest holding, I did have some scepticism about the A2 price at that time, hence the sell, but can now only see upside for a fair while yet.
https://www.stuff.co.nz/business/far...s-now-infected
Does anyone know how far away this is from the A2 farms, and what affect it might have ?
I was in ATM from almost the beginning and held through some serious ups and downs and accumulated right throughout. My friend the Beagle even recommended I accept an offer of 60 cents at one stage, which thankfully I didn't :-) Sold all some time ago with a very good return as the money was needed in another lucrative opportunity. Could be argued I sold too soon but the money was put to good work elsewhere. I do however wish I had not sold all of my ATM and based on that would recommend whatever you do, to keep some skin in the game with this one. A great company with a great product and nearly unlimited opportunities. It will all depend on execution and I for one want to see them grow faster outside of China and Australia. I will definitely join the share register again when the time is right for me