hi Mirren i agree- the LT investors must have exited on the way down given the massive spike in first hour of trade the fact it held this level and closed up 40%* despite shorting activity and LTers stuck for past 2 years shows some level of buying also (Instos) imo. I believe the share price appreciation would not end over one trading day. It is reminding me of the times where babies died from China IF which caused the milk formula stocks to run for years. this is slightly different however i dont think US parents will trust Abbott for a while so fundamentally milk formula stocks have a lot of room to keep appreciating over time.
i was lucky on friday to enter BUBs and now have establiahed a LT position.
