I am agnostic on the UBRG stock. My clients asked for DD and a business review of NDR/UBRG. Their conclusion was not to invest in the business at this time. But they may have had a flutter with the stock.
If I had played the stock I would have sold earlier (because the fundamentals were not there to sustain the peak)with the intention of re-stocking after the 10K is issued. Then it becomes a case of wait and see what happens.
But playing penny stocks is not my business, and I do not profess any expertise in the matter.
But there's no reason to knock the stock, or those who buy it as a gamble. That's the nature of this stock. It's a gamble. And there will be winners and losers.
My view, for what it's worth, is that the underlying business is a work in progress. Who knows if those currently in charge can build the business as well as they can promote it? I don't.
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