DBUB Group Inc. (fka DBUB)

[morm13]

I told myself that I was going to buy under $3, I very much wanted to buy today but decided not to. There was support at $2.90 yesterday and most of today, but the seller did not let the PPS move much above $2.96 and finally broke the support @ $2.90 a few minutes before close. Next solid support should be around $2.65. This is ugly, I can't believe how low this is trading for. The company will make about $0.48 this year and over $0.60 next year without knowing how much the recent distibuition deals will add in. The forward P/E is under 5 right now!! Hard to believe that only a few months ago the stock was trading over $8.