I bought a bit more today. Whilst I disagree with Kikker about BUB being a bad company and overvalued, I do agree with him that SimplyWallSt is an unreliable source. Given that most analysts have an accuracy rate of ~45%, and 85% of hedge funds fail to beat index funds, it's redundant relying on 1 analysts's earnings model.
Just remember, many analysts and hedge funds downgraded AAPL, FB, and etc., but yet they kept making new heights.
Only time will tell I guess, but methinks the reason why people are selling is because they're getting impatient waiting for more news, and because it's tax-loss season. Remember guys, selling breeds more selling.
BUBS On Shelf - General Pics & Write Ups, page-42
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $118.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $180.1K | 1.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 307 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 41231 | 4 |
View Market Depth
| Last trade - 15.59pm 17/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |