That is what the shorters are waiting for. Who knows what will happen
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2-3 weeks after announce, if last time is anything to go by. Just wait until the results, if they’re not already priced in and are great, then the SP will respond upwards, either way though adjust a tight stop loss every day before open. Let the CEO sell news take you out, then use your chart to time a buyback (same $ as sell = more shares buy). A great way to increase holdings on pullbacks and the subsequent capital gains, while avoiding the paper loses of the pullback and the wait for a return to your high price. Better to capitalise on events like this than let them go by and suffer a few weeks or months of recovery.
Johor, glth
Behind paywall in NBR online today...
A2 milk demand boosts Livestock Improvement....
Jun19 Lyttleton Port infant formula exports reported as +36% higher than previous calendar period (from a broker note today). Is this news? or already in the market? Apologies if I missed it.
Perhaps not!
Found an open Wi-Fi at Yerevan station and had several hours to kill before the sleeper left so set up a cheeky bid.
Woke this morning to discover it had been filled.
So I now need to follow it again and try and make more sensible buys instead of letting the chatter on this thread suck me in.
Disc: My time zone may differ from yours.
Come to Georgia, Kiwi's get a one year visa on arrival and it is reasonably cheap and makes good wine.
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Make side trips into Armenia which is more expensive.
Also spend time in Eastern Turkey.
$17.69 as I type, the gift that keeps giving :t_up: