Bull .... at his BS best :
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Of course not, but don't spoil the fun of the traders ... and hey - sometimes hype can create amazing short term waves. Give it a couple of days and the hype will be gone.
The only thing which counts mid and long term is earnings capacity. And yes, some people think HLG will keep growing in Australia. If it does, SP will grow as well. If it doesn't, it won't. Has nothing to do with being in the NZX50 or not.
Index additions and removals only might create molehills ... if this happens here, make sure you dance very close to the exit and be prepared for the stampede if the masses perceive HLG reached the top of the hill and everybody wants out.
Estimated 1.4m shares to buy over 5 trading days to meet the passive index funds' requirement.
Going to be very interesting indeed how the next 5 trading days play out.
no sh.it only thing i had wrongg was my liquidity opinion was not cap weighted but was correct from a pure liquidity side of things anyway im still out as retail is going to slow even for hlg so agree with bp comments not worth chasing be able to buy it cheaper some time in the future
looks like the funds are moving into sell to the chasers this morning
I bought mine st $5.10 and am happy to watch the action unfold.
Warning to all newbie posters on this site - bull… is hindsight Charlie who posts on any stock where there is activity. His posts are always about him buying or selling ahead of the market action to try and make himself look good and attract a following like some of the legends here.
Been waiting for an opportunity to really catch him out and he fell for it here.
So be warned.