This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

API - Australian Pharmaceutical Industries

Jump to new
Can anybody explain the sudden run?

Is this technical or fundamental?
Is it based on anything new?

I bought some a few years ago because the dividend yield was about 8-10%.
And their NTA was a fair bit higher than their share price as well.
 
Fartichoke said:
Can anybody explain the sudden run?

Is this technical or fundamental?
Is it based on anything new?

I bought some a few years ago because the dividend yield was about 8-10%.
And their NTA was a fair bit higher than their share price as well.
Click to expand...

Don't know is the best answer. Just enjoy the ride!

I trade technical and it says stay in and hold on....
 

I saw it get up to the 95 cent mark but was 1. too busy to put in the order 2. the Buyers v Sellers ratio was way on the buying side 3. I readjusted my selling expectations to .975c.

Fail.

ha ha ha.

I'm still in there, If they have a good Christmas you never know what might happen.
And I only got a fraction of the Medibank shares so I didn't need the cash.
 

Hindsight is a wonderful thing isn't it....

I'm still in API despite the broader market not looking so good at the moment. The API start whilst not as pretty as
a couple of weeks ago, still isn't screaming alarm bells or sell at this stage...

Stop loss is still sitting waiting to be fired if it crumbles but I'm thinking it is going to go sideways rather than down whilst the broader market sorts itself out...

 
Sold out of API at 0.895 as I am not optimistic about the overall market direction. Managed a handy profit percentage and although this could be going higher, I got out given the market as a whole doesn't inspire me with confidence. Should it get above the recent high and hold, I may consider entry again but the risk is too high at the moment with the tide running out to see and making the boats head closer to the bottom.....
 
Well Done.

I still hold and aim to get rid of 2/5ths somewhere above 95c If I can get it.
Although I said that about it getting above 85c so who knows when the time comes.

They still pay Dividends so there is no real need for me to sell atm.
 
UMike said:
Well Done.

I still hold and aim to get rid of 2/5ths somewhere above 95c If I can get it.
Although I said that about it getting above 85c so who knows when the time comes.

They still pay Dividends so there is no real need for me to sell atm.
Click to expand...

Hoping you got some selling done today UMike?

As I said, my opinion of the overall market isn't positive and therefore I liquidated all my positions (got out of my last one today). Nice work holding strong to get back up to API's current price.... I don't have the guts for it and saw the market as being a high risk at the moment so moved to cash.

Will still follow with interest and if it is breaking through the recent highs with the right kind of action, I might be back in..... might.....
 
Nah still holding.

I put a sell order in (2/5 of 'em) for 98.5c and it immediately dived to 93.5c. LOL.

Happyish to hold atm but since I bought so much QBE and Bank shares yesterday maybe I should lighten this holding???
 
UMike said:
Nah still holding.

I put a sell order in (2/5 of 'em) for 98.5c and it immediately dived to 93.5c. LOL.

Happyish to hold atm but since I bought so much QBE and Bank shares yesterday maybe I should lighten this holding???
Click to expand...

Hey UMike,

Did you get out on the little rally back up (late last week) prior to it dropping sub 90c?

Lots of opportunities around at the moment so I have bought into a few new shares today. CBA being one of them (also added that one to my SMSF for the longer term).
 
Nah still got the order to sell @98.5.
If I sell, Great
If not the next dividend is next May.

Crazy this drop in the SP considering the recent rally in the AllOrds
 
Got suckered into a 7000 share parcel at 93 cents today because that big resistance at 92 was eaten up. Noticed at least one block of 150000 shares exchange hands a few days ago at 92. An alternate decision months back could have seen me still holding from 68 cents. This time I could be the goose.
 
Looks OK atm,

Stick with it. Maybe if you are still worried and if API has a good day today you could offload them.

Been a funny market atm. Good funny though.
 
UMike said:
Looks OK atm,

Stick with it. Maybe if you are still worried and if API has a good day today you could offload them.

Been a funny market atm. Good funny though.
Click to expand...

If it can hang above a $1.00 at the close tomorrow, this is cherry ripe to continue to progress. I'm not in it as I took my capital elsewhere but this looks good to advance significantly.

I might have to free up some cash to jump aboard again!
 
For those that are in, this is looking really nice now!

I'm not in though as I had maxed out my capital
 
Buy v Sell depth is massive on the Buy side.

I put a $1.25 sell order in. I don't think I'll remove it but will go down if the momentum shifts.

Interesting share movement.
 
UMike said:
Looks OK atm,

Stick with it. Maybe if you are still worried and if API has a good day today you could offload them.

Been a funny market atm. Good funny though.
Click to expand...
I sold wayyy too soon again. Typical newbie mistake of jumping in and out and missing much of the trend. Your 2/5th were done and dusted in the 90's hey.
 
Wysiwyg said:
I sold wayyy too soon again. Typical newbie mistake of jumping in and out and missing much of the trend. Your 2/5th were done and dusted in the 90's hey.
Click to expand...
Nah That bid "timed out".

Still got the 20,000 for sale @ $1.25. If the momentum starts shifting I'll sell at "limit" but for now I'll hold.

I'm no genius. I sold a lagre amount of tls (a bit early) so I have little debt atm and no real need to sell down API other than the fear that it may be over priced.
 
Timed out again.....

Got my finger on the sell button with this one in case it runs out of steam.
Maybe I'll take 1/5 at a time.
 
UMike said:
Timed out again.....

Got my finger on the sell button with this one in case it runs out of steam.
Maybe I'll take 1/5 at a time.
Click to expand...

No rush UMike, this still looks good..... (says he who sold before it ran!! )
 
You must log in or register to reply here.

Similar threads

January 2025 DDD
5 6 7
Replies
126
Views
8K
ducati916
May 2024 DDD
2 3 4
Replies
69
Views
7K
qldfrog
AEAE - Australian Ethical High Conviction Fund ETF
Replies
2
Views
2K
Garpal Gumnut
Ultimate Acronym List (UAL)
Replies
0
Views
5K
Dividend
ALF - Australian Leaders Fund
2 3
Replies
54
Views
17K
System
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...