Post by
up2005 on Sep 03, 2022 9:33pm
This has been a very disappointing performer.
Builder a LTC base but can't seem to control costs and in turn profitability. Been in for a very longtime and have held while we grind lower and lower. Made my 1st buy years ago at $ 9.00 (what an idiot). Over the next year and a half it sunk to $ 3.00. Holding for the turn higher as the need for LTC homes grow, the population gets older and people take more Rx.
Comment by
Crazygirl123 on Sep 08, 2022 10:07am
Even break even is so dificult
Comment by
up2005 on Sep 10, 2022 7:57pm
I have resigned myself to an exit price of $ 6.50 which is still wishful thinking considering how the company is performing. They continue to struggle with cost controls. The right Healthcare companies have a great future. CRRX has been very disappointing five years ago the sh was $ 17 (adjusted) and today $ 3.80 and trending down.