Over 2 mill on sell side tonight's close:confused:.
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Over 2 mill on sell side tonight's close:confused:.
I think it is rebalance...fundies are rebalancing..ASX is up now....hope they are putting in into SML:)
Hardt, thanks for responding to my query. You are right. I see my confusion with trailing PE and forward PE calcs. Exciting to run the numbers on a high growth company. Doing similar with GTK, but while interesting not quite the same explosive growth model as ATM, but they operate in very different markets. Both excellent companies imo.
It is over a year till Jane Hrdlicka takes over as CEO of ATM in what seems to be a very well planned and executed succession plan. After viewing this 'You Tube' talk by Jane, I'm really impressed by the decision, and very hopeful for ATM's bright future.
Have a look and see what you think.
There's a candle pattern that describes today, might have to look it up, fully enveloped off recent high and low. Probably 'uncertainty' which would hardly be surprising. That said, the recent breakdown call and the bounce call seemed to be on point. Remember there's a truckload of profit here, so things could be unstable if people decide to take it off the table. Eyes on.
Attachment 9351
A doji, is created when the open and close for a stock are virtually the same. Doji tend to look like a cross or plus sign and have small or nonexistent bodies. From an auction theory perspective doji represent indecision on the side of both buyers and sellers. Everyone is equally matched, so the price goes nowhere; buyers and sellers are in a standoff. Some analysts interpret this as a sign of reversal. However, it may also be a time when buyers or sellers are gaining momentum for a continuation trend.