This will go down based on technicals. Not a right time to enter.Eventually this will go up,once Stan finalizes a product for disney, but still sometime left for that to happen ( 3-5 months). This has to hit the bottom again before it runs.
Going down next week or two before stabilizes at 20 c.JMHO, not a basher. Do not intend to own it till more concrete news come in.This is preliminary MOU, not a contract. Contract talks money, terms etc. none clear so far.
Disclaimer: Do not buy or sell based on my recommendation. I am not your financial advisor .My recommendations are based on my intuition, research or both and may be right or wrong.