BNXAI am NOT in the business of giving investment advice unlike others especially on bulletin boards .I was of the opinion that BNXA was a good but highly speculative buy for me personally at 2$ A share and that is what I did .Bought 5K shares as I recall,it doubled in a short period of time and sold most for a 10K profit (one doesn't go broke taking profits),kept a little and bought a little more all of which is paid for 2-3 times over with profits .Would have bought more today if it went back to 2$(it didn't).
As I have said repeatedly ,what will determine the fate of BNXA and other Crypto stocks which trade on the stock exchanges is what happens to the crypto markets within the next few days .
Will this be a rapid V shaped recovery like the stock market in March 2020 or the Crypto market in 2013 (but not in 2017);then the damage to BNXA will be somewhat limited.If the crypto market however descends further into a bear market then I will simply sell my remaining bnxa at a small loss .In my opinion BNXA will not prosper in a Crypto bear market where volume will dry up killing pipeline companies like bnxa.
Volume today was huge ,no doubt about that ,however this is panicked investors selling and some investors loosing everything with margin calls .They will not be coming back as they(and its a lot of people )were wiped out today ,they have learnt the terrible lesson not to use debt/margin to buy cryptos or any other stocks .
That is the only advice I will give DO NOT use margin to buy highly speculative stocks or Cryptos and only invest money you can afford to loose.