Even in the best of ties it has had quite a few challenges. The risk reward is negative. Doesn’t see a positive catalyst and risk of stock going to zero or near zero.
Turned a US company over to charity but regulators took them to court. Won but it is now being appealed. If they win it will be great for them. Has looked at this for a couple of years but hasn't liked what management was saying. New management is coming in. Could go bankrupt or become a 5-10 bagger.
The $4 level is significant. It'll be a fight to rise to $4. Yes, their insider buying is a good sign, but expect volatility here. To average in, look at the $2.63 level.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.