Guys, your wait for this stock to return to 30 or 40 cents, will cost you via lost opportunity in many other good stocks out there that have lost substantial value, but have the ability to make it back.
Of all its peers, this is the least likely come back story.
The main difference between EFG and any of its peers, is that EFG has NO distribution business. They make their income from raising funds under advice. Unfortunately, BNB was its distribution line...and that is now sunk.
Good luck, but I would simply write this off, while you still can buy many good businesses out there that have real come back potential.
Kiril
EFG Price at posting:
80.0¢ Sentiment: None Disclosure: Not Held