When i first saw this thread i thought it was a big deal exciting launch etc. I went on the website expecting to see a big announcement "Pets Pets Pets" but found it difficult to find the pet products, hidden under the homewares banner. Great looking products they will definitely sell, although a small range and i don't expect any change to financials due to their presence.
Regardless of the pets launch, I am now in two minds about holding short-medium term. On top of the recent difficulties, Price of fuel and transport logistics are getting more difficult before they get better. I notice Shorts are creeping up lately which is a bad sign, and today Ex-Div which all point to a negative SP in near term. However technically the bollinger band has tipped over the SMA and RSI is at 50 last Friday showing signs of a positive run back over $3. Love the company long term, however I believe there are more negatives than positives in short term, so considering selling out and getting back in later in the year. Although this means taking a loss which is not fun. Decisions decisions.
ADH Price at posting:
$2.90 Sentiment: Hold Disclosure: Held
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