I agree. I gave up on it a long time ago but whenever it comes up I can't help but solve the puzzle. It would not impact my investment decision making.. more for mental clarity and peace of mind.
Even looking at the short chart can be pointless because too many shorts doesn't mean stock is going to crash (as seen in July 2017) and very little shorts does not mean the stock will go up (as seen in March 2018). Infact, the opposite has shown to be true. But basing investment decisions on that would be just as dangerous. One thing I do take from short numbers is that the stock with higher shorts has a higher risk profile (so high profit and high loss is likely).
I see nothing dangerous on the chart. A2m is chugging along just fine. It doesn't look like that gap at $12.60 is going to close without news. Provided nothing negative comes out, I would expect to see new all time highs before the end of the year with a SP high of around $18 based on the charts but I think even that price is too high based on fundamentals (unless surprisingly high rate of growth in China, or meaningful new products are rolled out in high value markets that are not currently confirmed).
- Forums
- ASX - By Stock
- A2M
- Ann: Ceasing to be a substantial holder
Ann: Ceasing to be a substantial holder, page-6
-
- There are more pages in this discussion • 52 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 A2M (ASX) to my watchlist
|
|||||
Last
$5.86 |
Change
0.000(0.00%) |
Mkt cap ! $4.236B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 193 | $6.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 4158 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 6.060 |
1 | 170 | 6.020 |
2 | 1350 | 5.900 |
1 | 3684 | 5.870 |
3 | 5015 | 5.860 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 4158 | 2 |
5.580 | 2777 | 1 |
5.660 | 63 | 1 |
5.800 | 10000 | 1 |
5.810 | 3100 | 1 |
Last trade - 09.53am 27/08/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
Day chart unavailable