This back and forth with the share price is a clear sign many of these plastic holders have not done any research. Recent reports are showing alot of new investors are on the markets as of late, sadly a large portion are research starved punters. Pray they don't get burned too much.
They are the single reason many of these Big ASX stocks are way overpriced in this climate, and sadly they will be the ones holding the bag come reporting season, September downturn etc.
A complete disregard for strong defensive stocks such as BUBS and many other safe stocks in this crazy climate. Thankfully it's an opportunity to buy at wonderfully low prices, especially before what I believe to be one of the biggest Quarterly reports to date.
All in my opinion of course, and please please please, do your own research.
Mwah (*to all holders)
Hairy LP
BUB Price at posting:
96.0¢ Sentiment: Buy Disclosure: Held
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