The flavor was their peppermint CBD oil.
Ryan, it DOES look like a tire fire. in some ways, it is.
but it's a penny stock, a super micro penny. All penny stocks look like tire fires.
You've got a lot of pumpers, you can tell those by peeps who come on message boards, post exiting posts saying nothing every minute, and then vanishing after the penny stock sells off.
You've got the trolls who say they've sold off, yet come back to gloat or call the stock a POS, then interestingly you'll see them back a week later talking about how they want to see the price per share go up.
you've got posters who actually know what they are talking about, using math and statistics. Sadly, at this time, I'll admit, many of them have sold for the year, and are out. However, many of them also say they watch this company and consider getting back in.
I believe based on that last paragraph that this company might have really bad management who skims off the top, but this company does have potential. It's not a fraud or a scam bound to go bankrupt.
As the trading warrior on youtube once said, "if you can't handle seeing your investment go down 50%, put your money in a mutual fund and get 5% on the average."
So All I can say is, if you are worried about buying at 0015 and watching it drop to say....10....watch it and wait for 10, or don't get in at all.
but if you believe once January sets in and people are hoping for good Q1 results or that management is actually listening (there's some hope in that we are getting more press releases), and come January people will tank up starting the new tax season, you can buy now at 15 and watch you double your money.
I can also say this: a few of the smart guys I trust have mentioned other pot pennies, and some gloaters come in and say something like "HMPQ killed today and POS UBQU sux!" so, I placed tiny bets in both strong companies recommended by the smart analysts types and other pennies by the gloaters...just to see if I could make up my losses in UBQU on paper. so far, I've made a micro amount in gains on the other recommended ones, but all of them right now, are also down.
so I'm sticking with UBQU at this time got oversold earlier, and new damage to markets isn't really affecting it much, and so far not many pot pennies are going 3, 4 bagger. so UBQU is still one of the non-scam pennies that is due for a big pop....one day.
in the end it's all risk. don't risk what you can't afford to lose. it's a damaged stock, a damaged management and guidance, but not a damaged company.
but indeed, if you are looking for it to pop big time soon, take the short term profits and roll....it probably doesn't look attractive at this time.
I hope this helps.
