BBD is a contrarian tradeBack in 2016 when the talk was reverse split and bankruptcy, the stock was trading around 80¢. What followed was a 2 1/2 year monster climb up to over $5.50.
The sentiment then changed to $10 and some even said $20 with the dividend coming back. What we got instead was a skull crushing decline of over 90% down to 26¢ with talk of reverse split and bankruptcy once more.
Where do we go from here? While risk remains high, BBD is a resilient beast. I say do what the crowd does not. It takes nerves of steel but this seems to be how BBD rolls so buy/hold the beast if you can.