Most of the money is made by those who are informed and understand market psychology. This is still a speculative stock in a hotly contested industry, nothing unique about their business model and zero moat to protective themselves from competitors. Their largest customer (Montu) is under pressure as their own growth slows, where do you think they are going to go looking for cost savings? Without manufacturing gummies this business would be running at a large loss and the gummies are exactly where everyone else has now turned their focus to.
Sure you can continue holding just like those investors who continued to hold VIT despite everything screaming sell when it was trading over 80c. It's now trading at ~9c as all the investors who "held to make money" got burnt. I hope you manage to make money, but the odds are already stacked against you and you don't even realise it.
BXN Price at posting:
5.1¢ Sentiment: Sell Disclosure: Not Held
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