Yea i got in at 1.8 for ADH and it's been on a tear ever since. ADH has also been the beneficiary of strong online sales. I'd definitely attribute a lot of its success recently to how well it's transitioned the online part of their business during covid.
I reckon MMM has a stickiness to it though, you plan your meals in advance and it's comparable to a subscription service. Once you've gone through the process a couple of times, it'll become easier and more streamlined. Probably helps a lot with customer retention. Covid is definitely a golden opportunity for this kind of service and if MMM focuses on rapidly recruiting new customers during lockdown period, I think the company could have a bright future. Don't really care about earnings right now, think growth is more important.
If we see more downside, could test $2, roughly 50% fib retrace and right above 200 EMA ($1.95).
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Yea i got in at 1.8 for ADH and it's been on a tear ever since....
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $2.589M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $4.035K | 191.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43128 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 63904 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43128 | 0.021 |
3 | 214038 | 0.020 |
1 | 25100 | 0.019 |
1 | 240000 | 0.018 |
2 | 458882 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 63904 | 3 |
0.025 | 63658 | 3 |
0.027 | 3313 | 1 |
0.028 | 22727 | 1 |
0.031 | 97311 | 1 |
Last trade - 15.25pm 09/08/2024 (20 minute delay) ? |
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