Shorters mainly I'd say also big managed funds who work on algorithms. They're the ones driving the price. Small caps are always manipulated and very easily.
Once BUBs becomes profitable quarter on quarter, there will be no holding back the SP IMO.
But with this new line of infant vitamins and the hiring of Jen Hawkins expect BUBs to be dragging its feet for another 2 years I reckon. Unless they get the SAMR and Vietnam just sells BUBs products exclusively.
I was very bullish on BUBs, hoping for the 4th qtr to be cash flow positive like the 3rd qtr. I'm more glass half empty now.
BUB Price at posting:
89.0¢ Sentiment: None Disclosure: Held
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