Sheesh,everyone needs to calm down in here.The pattern has been the same with A2 for years,stock goes up,retreats,rinse and repeat.The directors and CEO have sold at the same time generally every year,another pattern.This year would have been the same except for a global pandemic coming along and creating an issue with one supply channel.
Obviously there has been a lot of traders over the years who have used this repeating pattern to make a lot of quick cash.With this years covid blip,we haven't had the usual recovery,so now those same traders have got their knickers in a twist cos they can't do their usual hit and run,so desperately trying to short or blame directors etc...the reality is you pays ya money,ya take ya chances.For every buyer,there is a seller and depending on the outcomes,one will be crowing about success,the other crying over missed opportunity.
LTH's have been through this many times,we have been down over 50% before.
A2M,to Hrdlickas credit,were moving away from daigou,but covid just closed the door on that avenue hard and fast.
MBS store growth etc and the ongoing partnerships with Chinese companies mean this company isn't going fail,just a bump in the road.A2 management understand China better than many,they know it is about relationship building,a long game.
I know it hurts when you see stocks like APT rocket away,but think how some punters feel who sold at $8 early this year having lost $$$.
Good luck to all,calm down,take a breath,all this chatter merely keeps A2 on the most discussed list which in turn attracts the crazies with all their theories.
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