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do you need me to comfort you or something?
#CTRM stock: 100% share dilution filling! NASDAQ compliance. Price very critical level#CastorMaritime
no posts here now. everyone went to stetsons? CTRM
They beat the odds because this company has a ton of assets and is backed by a Super Rich family.
Seems to be on solid ground, now. Beat the odds with the reverse split, whereas most stocks go into freefall afterward.
Anybody have any feelings about this? Pretty quiet on a downtrend. Any chance of reversal?
Ctrm claims to have 9 million O/S. I highly doubt that there is only nine million O/S. Look at yesterday volume and today’s trade volume. It’s obvious the company is being dis honest to the accurate O/S shares....don’t trust this company... they can’t even honestly tell how many O/S there really are
Been dumping this for 3 or 4 months now. How much longer can they do this?
looks like they gonna dump this till it's below a dollar so they can do another reverse split
* * $CTRM Video Chart 06-03-2021 * *
Link to Video - click here to watch the technical chart video
Can anyone confirm these ships are being purchased?
They put out news only to dump the shares imo.
Due to reverse stock split the shares of company in the market are reduced which in turn makes it harder for any trader to short sell the stock because short selling is done for those stocks which are very liquid as it is easy to borrow such stocks and traders have confidence that in case of stock price rise they can square off the position due to good liquidity, however when stock is illiquid they will think before shorting the stock and hence in a way reverse stock split reduces speculation in the stock price and only serious investors buy or sell the share.
CTRM ownes more in asset then its valuation, so value will follow soon...
I am long
Do your DD before you invest, ignore the shorts
Watch out! CTRM is not out of the reverse split. Why is CTRM not CTRMD
Buy when it fall back down to pre split levels
Vast majority they fall back to the price it was pre split level and you are left with far less shares at the lower price.
This stock should have skyrocketed by now. They must be dilluting, or something.
Look at TOPS. It's actually bottomed out, and looks like it's starting to rebound. DSSI has done well.
There is really no need for the r/s, unless they are just bored. It really pisses people off and is bad PR.
This may be one of those unique cases where the r/s is ok. Let's keep our fingers crossed.
A little confusing. Does that mean you bought more stock after the split?
* * $CTRM Video Chart 05-28-2021 * *
Link to Video - click here to watch the technical chart video
Massive dump next week will go below a $
The RELENTLESS DUMPING will continue on Tuesday morning.
they'll print more shares first
And after few months they will do this rs again, thats all these shipping companies do imo
So many people unaware thinking they made it big already lol....
what's happening? why is the price so high?
prepare for UNIMAGINABLE DUMPING
* * $CTRM Video Chart 05-27-2021 * *
Link to Video - click here to watch the technical chart video
PHIL? you mean like the groundhog? hehahahahahahah
Sell and buy PHIL
* * $CTRM Video Chart 05-26-2021 * *
Link to Video - click here to watch the technical chart video
* * $CTRM Video Chart 05-25-2021 * *
Link to Video - click here to watch the technical chart video
same. i bet it falls about 30% right after then. boom
fingers....YOU MIGHT BE RIGHT ON THIS ONE. I am buying back in after the split.
Every RS I have been involved. Which is quite a few. I bought back double to triple the stock for the same money I had in it before the split
I agree my friend! RS is most of the time not effective..will see what happens for ctrm!!!
Yes reverse splits are always risky...most of the time they do not work out...in some cases they do I was a holder of LH they did 1:10 reverse and went up and up....but that is rare....not a fan.
it was .015, then post was .09ish. then dropped to around .03 ish after, then pow. straight up to like .55. then drifted to .15 again, then pow, to like .85 or so. just like that. when it was FNHI, then became WKSP soon after the initial 1 for 6
Yeah the price could fall further... risky at this point
Sell before the split. Too late on this one. After the split, wait until the price plummets, then buy.
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