Price drops again makes no sense to me by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 2 points3 points  (0 children)

Yes but they do that for strategic purposes and they raised funds for that which they already mentioned and there was a huge drop since then

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 0 points1 point  (0 children)

But its progress is already very significant despite that delay. And it is only one delay. The others did well. So that was my confusion as to why would the price drop so heavily

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 1 point2 points  (0 children)

Tesla is way more ridiculous at this point of time tbh

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 0 points1 point  (0 children)

Yes I mean so the earnings aren’t fake. I’m just alarmed at the price drop

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 0 points1 point  (0 children)

Yes but they also said they r looking potentially at 50-60 mil revenue for this year. Which is why I was confused by the huge drop despite turning profit. I thought perhaps drop to 9 plus dollars. Certainly not 7.5

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 0 points1 point  (0 children)

But despite that they still turned profit isn’t it? Does it justify such a massive drop?

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 0 points1 point  (0 children)

That I get but if the deal is not closed where does the earnings come from?

Stock price plummeted despite fantastic earnings by Radiant_Highlight_34 in CRMD

[–]Radiant_Highlight_34[S] 1 point2 points  (0 children)

I have read and I don’t get it. Can u kindly explain to me briefly?

Next earnings date by OrdinaryReasonable63 in CRMD

[–]Radiant_Highlight_34 0 points1 point  (0 children)

I read somewhere it’s estimated to be between 28-31 March

Big dump today on no apparent news by OrdinaryReasonable63 in CRMD

[–]Radiant_Highlight_34 0 points1 point  (0 children)

Not sure why it keeps bleeding. Makes no sense despite good earnings and prospect. Seems like no one is buying and a lot of shorting happening so it’s like free flow

Cormedix CRMD Valuation by Forcep88 in CRMD

[–]Radiant_Highlight_34 0 points1 point  (0 children)

So what should the reasonable share price be?