I started to buy some shares last week at around $1.10 but held off because the stock seemed to lack support at that level.
I bought some jada recently @$0.36 even though the stock should in my opinion have never traded that low.
Both jada & bfar seem to be selling with no regards for value by someone that probably got their shares for little or no cost & are only interested in raising cash.
jada seems to have made its bottom as whoever had been selling seems to be light on shares or maybe some hedge fund has been buying & selling within a range.
As for bfar it has far less trading volume making manipulating the stock much easier.
This give me reason to wait,but for how long since yearend earnings will soon arrive for both that might have a lot to say about the future direction for both stocks.
Unless either is a fraud they are already selling very cheap but until buyers override sellars the trend will remain the same.
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