I used to think the bottom for BUB was 44c. Traded a few times when it hits that and went back up. But, it doesn't have the same market anymore, and the daigou's have dropped off significantly and seem to be going for other formulas (obviously not as crazily as 12-18 months ago). The reports really don't support any good upside at the moment, and the overall sentiment isn't great either.
My feels are that it will trade in the $0.30-0.35 for a long while unless they can come up with something drastic. Hopefully some new management can get things moving.
I'm all out until they can get things happening again. Might reconsider trading some between those ranges if there's enough volume.
I had over $300k in it at one point, had super high hopes, it's a shame. (But what do I know, currently $50k down on zip with $650k in).
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