SC, Looking at some 'legacy' picks, REED is floundering back down close to the 2s. The CEO/founder Chris Reed decided to step aside as CEO while maintaining a new designation as Chief Innovator (or something like that). The stock has tanked/re-tanked, and the chart is about to put in a 'death cross', which while a lagging indicator is still a bad sign. Can I pick'em or what, lol..
Fwiw I see RSPI was able to raise a $350 K, enough to at least keep the doors open, but the stock continues to languish in limbo.
THLD I don't really follow, but the chart at least had a recent pop in March, albeit temporary.
FLO has been in a sideways holding pattern, and SRCL is starting a gradual recovery and put in a 'golden cross' in April.
Other bottom plays include TEVA, which is finally starting to form what could be a bottom. I'm still skeptical about 30 area holding, but should be an interesting one to watch.
VRX finally had a pop, almost doubling off its recent low. The company has been trying to pay down debt, but it's still in the $30 bil range and the company's revenues apparently haven't yet stabilized. They previously acquired Bausch + Lomb, which is worth a lot, but the debt is the problem, plus VRX's shady past has left it with endless downward revenue revisions, class action suits, etc.
