Bullboard - Stock Discussion Forum Cardiol Therapeutics Inc T.CRDL

Alternate Symbol(s): CRDL

Healthcare

Cardiol Therapeutics Inc. is a clinical-stage life sciences company. The Company is focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. Its lead drug candidate, CardiolRx (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is... see more

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TSX:CRDL - Post Discussion

Cardiol Therapeutics Inc > Crazy drop today. Holding

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Post by NewFanCBD on Nov 03, 2021 10:33am

Crazy drop today. Holding

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?

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Comment by Youhillman on Nov 03, 2021 11:21am

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 ...more

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Comment by Bullknit101 on Nov 03, 2021 10:31pm

It seems like the stock was pumped first and then the financing happened. Lesson? Whenever a stock gets pumped - buyer beware. I see this often with pre-revenue companies. Of course, if your plan is to hold for 10 years, it's all relative.

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Cardiol Therapeutics Inc