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@SmugLex , you will just have to ignore and dont worry, that's the best thing to do. Hope is an important ingredient to have a long with patience. Without these ingredients you will lose regardless how good your strategy or the company is. This applies to everything in life.
Both of us have survived many turbulence and the company proved that's build on a strong foundation. Without a strong foundation, you will crumble and this applies to everything in life. In 2015, we started with a takeover offer when US dairy giant Dean Foods made a hostile takeover offer for A2M, but they abandoned it. This is an american giant that had their share prices at 22USD in 2015 and now sitting at $1.30! And what's funny $1.30 was the price that A2M launched to after the take over. You can see the difference in management style. We then had the Brexit news thrown at us and everyone started to panic, but we soldiered on because we believed in something, we saw something that others couldn't see. We then started having all these issue with fake milk powder news going around and the new eCommerce laws emplaced by the Chinese's, but we still managed to power through. And, finally came the CFDA requirement, which A2M beat everything company out there to bring this across the line, whilst companies like Bellamy, WHA are still tanked in this space. People quickly forget the history, but A2M has done an outstanding job. Special credit goes to Geoffrey Babidge, he wan an amazing CEO. It's very rare to find such unique companies like A2M on ASX.
As for profit taking, It doesn't hurt taking profits, especially when its needed. I have now sold 4 lots in A2M, but still sitting on fair bit of shares. I still continue to go long on the stock. However, when opportunities arise in A2M I buy back again at discounted price. The A2M growth story is not over yet, its a 10 year growth story before the price stagnate. I've read the quarterly reports and i see no issues whatsoever. Ignore all noises and continue with your strategy, go with your hunches and research that's how winning is done.
The stock now is now broken uptrend, it doesn't mean the fundamentals have changed. There's no straight line, things go up and down. The stock is now shorted that's all, with no news until December, we will see some red days before some good news come out. Let's not forget A2M has done an amazing job to be in an uptrend for a long time. It will bounce back later and stronger than ever.
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