If you bought shares in this at the beginning what is your percentage of loss so far? if I were you I'd be at panic stations! Have you put in place a stop loss? How close are you to that? Or are you just blindly following a belief that any business involved in e-commerce is bound to eventually go up in price? I'm kinda wondering how much pain you're willing to endure. Also wondering what you believe to be the bottom of the ebb? If you're going to buy more at the bottom where is the bottom?
From what I have researched "shorters" don't rely on panicky investors. They look at the fundamentals of a business and determine that the stock price is above what it should be. Adore Beauty is a prime candidate for being shorted, the Market cap is way above what the company should be.
I think you are correct though e-commerce is the future but I think you need to look further abroad for investment opportunities.
- Forums
- ASX - By Stock
- ABY
- Ann: Adore Beauty Trading Update
Ann: Adore Beauty Trading Update, page-22
-
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ABY (ASX) to my watchlist
|
|||||
Last
$1.07 |
Change
0.050(4.90%) |
Mkt cap ! $100.5M |
Open | High | Low | Value | Volume |
$1.03 | $1.18 | $1.02 | $100.8K | 93.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4878 | $1.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 3936 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4878 | 1.025 |
1 | 980 | 1.020 |
1 | 900 | 1.005 |
1 | 2000 | 1.000 |
1 | 5000 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 3936 | 1 |
1.120 | 910 | 1 |
1.160 | 5525 | 2 |
1.180 | 6450 | 3 |
1.190 | 450 | 1 |
Last trade - 15.26pm 15/08/2024 (20 minute delay) ? |
Featured News
ABY (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online