BRUI- It can always go lower but it sure seems cheap here to me. The last time it was this low was early October when it it was trading off earnings of 11c. It guided lower by a couple of pennies for next quarter expecting earnings of 30-33c. In the meantime it has dropped all the way from $22 in may to $9.2something now. One problem is they apparently have only one major analyst following them who downgraded them based on their guidance. Apparently the firm has lots of lemmings...excuse me, followers. I'm buying.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.