InvestorsHub Logo
Followers 2
Posts 118
Boards Moderated 0
Alias Born 08/07/2014

Re: A deleted message

Thursday, 11/16/2017 6:52:04 PM

Thursday, November 16, 2017 6:52:04 PM

Post# of 3681
There is a lot of value here. After the reverse split cncg trading at 1.20 a share will have a market cap of under 40 million. For a company that is making 4 to 5 million dollars a year that is dirt cheap. In addition hopefully this current quarter the company gets back on track which would be a further plus. My reasons for waiting to buy though are these:

30 for reverse split
tax loss selling season
The company according to their twitter responses does not appear in any rush to increase shareholder value though I.R.
In order to qualify for an uplifting the company may even resort to a third split.

All in all I do believe long term this could be an excellent investment, possibly even a five or ten bagger.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MGLD News