You will have a mixture of sellers. Tax time breaks writing off loses eg older investors that bought in much higher. (Makes sense) can’t blame them tbh.
Day traders that play markets on 5-10% returns win or loose. Or shorters bet on the price going up or down moving shares between themselves but on a much bigger scale.
Another reason people need to sell for $$$ no other reason it’s one of the most toughest economy’s date.
Put it this way, if I had a big share portfolio I would push this price down for as long as possible to shake the mum and dad holders out/traders. Accumulate as many shares as I could over a lower price. This will only work until other big players get involved and buy percents of the company.
Keep in mind we have had lots of Green Flags from bubs lately, This end of June report pretty exciting.
Once again I’m quietly confident. GL holders!!!
BUB Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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