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09/04/18
01:24
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Originally posted by Pink_floyd_1991
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With the recent news that Toys R Us may be closing down its Australian operations, I am curious what everyone's thoughts are on its impact to BBN.
My initial view is that short term, there may be again aggressive discounting which hurts Baby Bunting in the short term.
Long term however, I see this as a plus for BBN as it closes down another competitor.
Would love to hear everyone's thoughts. I do not hold yet and have been watching this company for a while.
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I counted my losses some time ago see my earlier posts....https://hotcopper.com.au/posts/28888640/single
.....CEO sold 50% @ 2.30.
I would not recommend investing in this stock, note 50DMA is now below the 200DMA!!