I don't know why anyone would take notice of this stock. Maybe they're Googling "What's as boring as watching paint dry?" or "What's the definition of an enternity?" or "Tell me a masochistic way to invest my money.")
Whatever it is, I sometimes think they may also find this discussion forum while doing their research and then they tuck tail and run without ever dropping a dime in CUU. And who could blame them? We're an angry lot and we have damn good reasons for it!
Regardless, over the past year, we've been as low as 13 cents and as high as 31 cents. In 2021, we ran up into the 60-cent range. None of this is based on news. It's always a spike in the price of copper or some other inexplicable driver.
One approach that some of you might consider, if you haven't already, is holding a trading position. I kick myself for not gobbling up shares of the Fox at around 6.5 cents in April 2020. I was so furious with management (and still am, really) that I refused to sink one more cent into this morass. But if I could have separated myself from that psychology, I would have profited. Imagine I had purchased a bunch at 6.5 cents and sold them at 60 cents. Hell, even 15 cents or 30 cents would have been a really good investment!
So looking at 19 cents today is depressing. But it's also opportunity knocking. If you have a little bit of powder to throw at it, you might be able to make 30% or so in months. Or maybe the SP drifts lower. If you have a little extra cash at that time, you could own additional shares at maybe 16 or 17 cents. Then maybe you hold on to those for a 50% gain.
I'm frustated as hell at how this has played out. But one thing I reassure myself about is that after all the money that insiders have poured into this company, it's not going anywhere. It may not pay out the way we hope over the next year or two or three, but it seems to be a safe place to park some "play money" as part of a swing trade position. It's one option to benefit from this vexatious vixen.