BUBs has its volatile swing which causes a lot of stress to the holders - basically everytime when there's announcement related to China BUBs go 25-30% up then again it goes down after profit taking happens. I have bought mine 30c days and sold it $1 then got back in at 59c and sold it yesterday. I am definitely in this for a long term but I found it more beneficial to play the swing (gap trade). Just on a personal opinion, BUB SP will drop hard until the next announcement based on my experience with this stock for last 2 years.
Their sales result and how they perform on the top line level have been superb..I really believe in their product which is quite unique and niche - Asians and other overseas customers are quite crazy about anything from AUS/NZ hehe..but anyway..regarding SP..you have option to watch it drop but be patient ..or sell with profit and buy back in (there's absolutely no technical/trend analysis done here )
BUB Price at posting:
70.0¢ Sentiment: Sell Disclosure: Held
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