A2M 0.88% $5.60 the a2 milk company limited

Haven't sold since $2, my avg is $2.86, ups and downs around...

  1. 4,775 Posts.
    lightbulb Created with Sketch. 258
    Haven't sold since $2, my avg is $2.86, ups and downs around these values does not concern me. 

    My hypotenuse  is that  the number of shorts being so high, (42M * $12.98 = ~ $545M), the short holders have to have a significant drop (below approx $9-10) to recover their money.  If the results are good, then they will have to engineer the drop based on ANYTHING that may be in ANY way negative, they have to.  

    She has said she will sell, with the number of shorts outstanding, anything will be pushed as bad news.

    Oh and probably a news item appearing soon with a negative slant against A2. 
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.