Just a theory on the selling ...
A lot of people are "in the know" about NUH. They are very aware of the fundamentals. Those people are mostly aware that the Quarterly is not going to be too great, we simply didn't have enough stock to make big sales in May and June - despite the demand.
They are probably thinking that when it is released, these "lower than expected" sales and ramping costs will bring about a further drop in price and some cheap shares will be available. Hence, sell off some now in the 90s and buy them back cheaper later.
Sounds like a way of making a few bucks.
The issue with this plan is the what if?
What if most people are as aware as they are and have no intention of selling on the quarterly?
What if the quarterly actually surprises us. Perhaps we've all been downplaying it.
What if those unaware of NUH suddenly see a small tech stock that is selling products at a good margin that is about to go ballistic and want in?
What if some have been holding off simply for confirmation of sales?
Its always too hard to read the market. We just dont know.
Because of that I am sticking with my NUH plan. Buy as many as you can at the best prices you can and HOLD, HOLD, HOLD.
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