
$Regencell Bioscience(RGC.US) has dropped another -14%. It was previously pushed up by a short squeeze, but now it's under pressure from a DOJ investigation, class-action lawsuits, and widening losses. For this kind of purely sentiment-driven small-cap Chinese medicine concept stock that's falling, does it count as an opportunity? I won't touch it myself — the decline of a squeeze stock usually isn't a one-off event. Once the shareholding structure loosens, any rebound won't be able to retain investors.
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