Many positives from this announcement. From my point of view the biggest positive is how Beingmate can navigate BUBS through the SAMR approval process for their IF lines. And whilst this is progressing Beingmate will be stocking their other products which it turn will be developing brand recognition prior to the distribution and sale of their IF lines. Sure, the current SP is factoring in potential sales growth but I for 1 believe it is warranted. Bet your bottom dollar it'll be over brought soon and profits will be taken but 6-12 months time will show a growing trend of increased sales and then profitability which will drive a steady and stable SP increase.
BUB Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
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