And lastly its current low share price might further attract parties who may be going after its profitable Buybuy Baby business (*6), or may have similarity like Musk acquisition of loss-making twitter (*7) and turn it into an 'everything app' called 'X' (*8).
So, what do you think?
Xiaoxi_penguin : I actually do believe that there will be a bullish reversal for bbby. Other than the falling edge trend, the average of the position cost distribution is at 11.66, dont think many would sell for that great amount of loss. Currently it is also touching beyond the bottom line of bollinger’s band, thus a bullish sign as well as the oversold indication.
Mars Mooo OP Xiaoxi_penguin :
Mars Mooo OP Xiaoxi_penguin :
Xiaoxi_penguin Mars Mooo OP :
Mars Mooo OP Xiaoxi_penguin :