Every post here ridiculing me just confirms the thesis that A2M is a sell. Why
1. A2M is a crowded trade - there are more bulls than bears. You are all set wanting an incremental buyer
2. People are anchored to prior price bias thinking it goes higher. Sorry the facts have changed.
3. People are not open to new information. Competitive threats, higher marketing, lower EBITDA and lower values to consensus
4. > 70% of the smart money is negative A2M as per UBS survey.
5. The CEO in the words of blackey botched the FY announcement.
So many people have lost $$ but the evidence was available. You continue to hold in hope and that's not investing thats speculating and gambling.
Every post here ridiculing me just confirms the thesis that A2M...
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Last
$5.25 |
Change
-0.150(2.78%) |
Mkt cap ! $3.801B | |||
| Open | High | Low | Value | Volume |
| $5.38 | $5.47 | $5.21 | $17.99M | 3.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $5.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.26 | 18554 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |