RE:Crazy drop today. Holding The market is telling us they don't like the financing that Cardiol is doing here so that's why the current share price is trading well below the subscription price announced this morning!
This financing came out of no where as they just did one 6 months ago and they seemed well positioned for the next year on their balance sheet.
The question to ask is why they did this financing at this time, we should find out within the next month and the market will react accordingly.
I'm discouraged in the short term but still believe in the company long term!
NewFanCBD wrote: Not sure what's going on with the share price of CRDL today. I still believe like you Youlman. I haven't sold any but if anybody has any more insight it would be greatly appreciated. I have way more money in this than I should; my partner isn't even aware how much I have in this! I hope we get a Bounce here. Hello?