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TopicStock Topic 29
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05/24/21 12:18:14 PM
#436:


CREX did a shelf offering at $1.90 (that is they have the ability to do one but don't necessarily have to) I guess people who shorted it are exiting their short positions below $1.90.

Part of me thinks they won't actually do the offering at $1.90 (their revenue should explode soon, they don't need an offering to sustain as they're generating profit, and the warrants becoming ITM would be way more effective than an offering) and this was some sort of 4d chess play on management's part but whatever.

But yeah still holding my $6000 worth of CREXW strong. No fear on this one. It's got positive EPS BEFORE the rumored 7-11 deal and BEFORE its clients are back on all cylinders. Easy $10+ stock here by 2023

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