People are probably reweighting their portfolios after it jumped 100 to 200% in value on their portfolio . Having this as more than 20% of a portfolio increases the volatilility of ones portfolio from just the one stocks price movement either up or down. Anyway thats why I sold some. Also It still has a lot of potential although less than before (due to its price rise) therefore other stocks that have not moved up in value have more pent up energy to move faster, and are trading with PEs of less than 1 so I feel those also need to be part of my portfolio I feel its a total sell at 30 cents though
Thats just my 2 cents
BBI Price at posting:
8.0¢ Sentiment: None Disclosure: Held
