A2M 0.88% $5.60 the a2 milk company limited

Every one has a different trading style and they trade the way...

  1. 955 Posts.
    lightbulb Created with Sketch. 1088
    Every one has a different trading style and they trade the way they are comfortable with. As long as its working for you and you are ahead at the end of the year then good for you. On the other hand having stop losses on a stock like A2m is setting up your holdings to be easily harvested by those with deeper pockets when they do a short attack and sweep up you and every other unfortunate A2m stop loss holder of their shares.

    If I had stop losses in place I would of been wiped out of all of my holdings at a loss even though my average is under $2 when they shorted it to its low point of $1.30. How many others like yourself that had stop losses in place have been forcibly closed out under such attacks only to see their investment go on to double, triple or more ?

    You may be happy with little wins but one thing is for certain you will never achieve the multi bag gains some have here on this or any other successful stock with that trading style.

    Ps the CEO selling last time did have a effect on the SP when it was announced after the event. The fact she has telegraphed her sale of the next lot of time based shares has preempted the shorters so when she sells again the market has already factored it in as she has given months notice of her intent to sell.  You should be more worried if she does not sell as it will have the opposite effect on the SP !

    If you thought there was earnings risks that only became apparent after your sale then you would be in the minority. I guess next Wednesday either you or all us LTH and Instos holding in excess of 5% of a 9 Billion dollar company will end up with egg on their faces.

    I hope for your sake you dont have a egg allergy.....
 
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Last
$5.60
Change
-0.050(0.88%)
Mkt cap ! $3.808B
Open High Low Value Volume
$5.62 $5.68 $5.55 $2.966M 528.0K

Buyers (Bids)

No. Vol. Price($)
19 19295 $5.59
 

Sellers (Offers)

Price($) Vol. No.
$5.60 533 3
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
A2M (ASX) Chart
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