Improving an existing product I don't consider "fluff" news as it is an actual accomplishment, but to each their own.
The sell off was caused by them not addressing the convertible debt to listeners satisfaction (understandable). The drop in volume is typical for the end of a consolidation.
Using history in the chart below you can easily see the higher lows and higher highs put in by the stock since August.
Simply connecting a line on the last three lows (Sept, Nov and Jan) and the last two highs (Oct and Jan) shows an Ascending Channel pattern with obvious support at .02 which goes back to April of 2016. The pending 50/200dma Golden Cross provides additional support and may draw in traders by itself.
IMO the big sellers got out right after the CC and buyers with longer term vision have stepped in now. Dilution is a potential problem here but Management knows it and is making an effort to address it by paying down debt with their cash flow.
The one trade from yesterday just below .02 was from someone who put in an AON trade trying to paint it down. A similar trade occurred today (300k @.0208 if I recall) but it didn't scare anyone.
I wish you the best however you decide to play it,
FLUFF!!! LMAO!! I thought fluff PRs always triggered a sell off. This was a great PR and the Product will start selling tomorrow and they will have specials all weekend. Just another way for the company to make money Some Fluff.
It must of been a Slider today because UBQU is hanging tough!!! As much as they have tried to play with this it is hanging in there. Shareholders know what they have here.