RE:RE:Continued accumulation
chesterchew1234 wrote: Here's a math formula for you: Carl data solutions. .10 sp plus Phaneuf plus 3 weeks = .40 sp -4.5 million shares traded today. Headed to a $1 at least short term. You guys have fun with the positive self talk in mediocreville
Look what BES.V did with news of a new CEO in August 2020. And if you compare charts between BES.V vs CRL.CA, there were no share price GAPS in Braille either.
CARL may have its run, but I doubt it will last.
Fundamentally, CARL has negative earnings per share and still has work to do to strengthen its balance sheet. Cash will soon run short without increased revenues .... so look for a raise there.
My prediction is this comes back to low $0.20's, maybe even worse.
I'm not biting at those prices.... but Good Luck to you though.
FI4