A2M yay or nay? 11% smashed today

Discussion in 'Shares & Funds' started by Dropout, 28th Sep, 2020.

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  1. Dropout

    Dropout Active Member

    Joined:
    23rd Sep, 2020
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    MELBOURNE
    A2M got smashed over 11% today. Anyone accumulating, selling or what are your thoughts for like me who is just starting this game
     
    Dropout, 28th Sep, 2020
    #1
  2. Fargo

    Fargo Well-Known Member

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    23rd Jun, 2015
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    Vic
    I am holding bought at $2.00 sold some @ $19 and have free carry, also warned against taking Alex's advice and selling @ $4. Co-vid has closed the Daigou supply for chinese use, if you believe the company it is mostly from Vic stores. ANZ consumption hasnt changed Will it recover ? Will it matter ? Chinese labeled product and other core markets may well continue to grow. and appear to be doing so. Similiar thing happened with Bellamy after a hiccup with Daigou and oversupply the price plummetted to $2.00 before zooming to $16.00. CLV maybe an alternative
     
    Fargo, 28th Sep, 2020
    #2
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  3. Dropout

    Dropout Active Member

    Joined:
    23rd Sep, 2020
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    Location:
    MELBOURNE
    yeah I have been keeping an eye on A2M for few weeks so I bought some today if it dips more tommorrow i`ll buy some more
     
    Dropout, 28th Sep, 2020
    #3
  4. Frosty123

    Frosty123 Well-Known Member

    Joined:
    12th Nov, 2015
    Posts:
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    Location:
    VIC
    This thread hasn't aged too well.
    I purchased some at $10, thinking it was at the bottom. After another downgrade today, I'm not sure whether to hold on or accept my losses now.

    Not sure if a takeover is something I should be hoping for or not ...
     
    Frosty123, 10th May, 2021
    #4