just with REU thats a loss of $1.5mill, which is a fair bit but may not be for B+B. However, i would still be a little peeved if i was the manager and i was told 15c is an awesome value and is now my investment just lost 40% in a short time
So if B+B bought on fundamentals @15c, really little downside in getting it @9c
and as for stop loss, for old holders, might as well keep and for new?? 10-15C so if it drops below 8c there could be more dumping?
in which case just takeover the whole damn thing 20-30mill chicken feed
HANG IN THERE BOYS!!!!!
REU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held