BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt, page-32

  1. 107 Posts.
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    OK Guy's here's my take after sitting back and watching the action for the last few months. LIFX is a fabulous business despite what the crazies here think about "fancy light bulb's". The right product at the right time with an unlimited future and the ability to come up with new products on a regular basis. Too much emphasis has been put on the poor performance of Buddy OHM, as that even though it will eventually get into profitability it will never be as big as LIFX. In my mind there is no doubt that the share performance over the last few weeks has been pure manipulation by the Sof's to get the price down, and it would be for one purpose only which would be the opportunity to get cheap shares and lower their overall exposure. Once this deal is done they will want the shares to go in the other direction and obviously have the ability to manipulate it there. This is all my personal opinion but I think that, in the long run, this CR may not be such a bad thing.
 
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