I have been doing research for this company for a while. It dropped so hard due to the regulation issue. Even though the issue has still not be solved. But I believe if you are a long-term investor. This is the time for you to enter with a small position.
We don't invest when everything is overpriced and insane PE raion. We invest when everybody starts to forget it. When it bottomed.
For me, this is a long-term investment play. I don't expect it to go up anytime soon (Like over a year or longer). But the gap will be filled. This is what I see in the future.
For self-education use only. Not financial advice.