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Churning here, but I see a .50 break by the close.
$CRDS
Yea I seen this one coming, knew it was just a matter of time. It's going much higher IMO
Buying...this one looks great!
$CRDS
Probably gapper tomorrow
The big drops resulted from its losing its lawsuits, plus bad financials, I guess.
The stock is up almost 50% in two day!! What more do you want from a ticker, a hug??
Here is its Ugly Financial:
Fiscal Q4 and Full Year 2015 Financial Results
Total revenue for fiscal Q4 2015 decreased 32% to $1.8 million from $2.6 million in the same quarter a year ago. The decrease is primarily due to lower revenue from our SPHiNX OEM and StrongBox products.
Net loss available to common stockholders for fiscal year 2015 was $9.3 million or $(0.48) loss per share, compared to a net loss of $9.7 million or $(0.69) loss per share in fiscal year 2014.
Year after year, it has had big losses and accumulated debts!
It's NEVER made a penny.
Now, it's lost the lawsuits. Next, will be shut down!
No debts? Where did their Huge accumulated LOSSES go to? You paid them?
Up almost 50% in two days, there no stopping it now. When they report earnings BOOM folks had better comet now
They have no debt, this is going to fly
CRDS, Big drop, as it has only 3 employees, revenue: $1.8 m, Loss: $9.3 M. Lost lawsuits, will do 1 for 20 R/S, Huge!
CRDS, DEF-14A, filed on Apr 14 for the Huge R/S:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11333237
At the annual meeting, you will be asked to consider and vote on:
2. the approval of an amendment to the Company’s Certificate of Incorporation to effect a reverse split of the outstanding shares of the Company’s common stock at a ratio of one-for-twenty;
Yea I'm not sure why the big drop, looking at the chart though it's was due for w good run
CRDS, $0.25? While it was $6.6 in 2012, $3.6 in 2014, $2.6 in 2015, $1.08 in Jan, 2016!
Crossroads is now suing Cisco and other big companies for alleging its patent infringements by Cisco and those big companies to its network storage systems patents. If Crorssroads wins, it'll be huge!
Currently, its market cap. are just $6 m, extremely undervalued!
Depend on what my scanner gives me
Which is what?
CRDS awesome breakout yesterday and today. Nice $$$.
CRDS, will do 1 for 20 Reverse Splits, DEF-14A, filed on Apr 14 for the Huge R/S:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11333237
At the annual meeting, you will be asked to consider and vote on:
1. the election of the five nominees named in the accompanying proxy statement to serve as directors until the 2017 annual meeting of stockholders or until the election and qualification of their successors, or their earlier death, resignation or removal;
2. the approval of an amendment to the Company’s Certificate of Incorporation to effect a reverse split of the outstanding shares of the Company’s common stock at a ratio of one-for-twenty;
Pumping to Dump before R/S.
I'm all out of all accounts now. Left one order in at .51pps just to break even in case of good news of court decision.
I still don't know what the gooooood news is, But I'm EVEN !!!
And I Don' care about leaving meat on the bone !!
CRDS, huge news coming? So strong buying Pre-market. Heard something related with gooogglego rumor. It was $1.2 in Jan while $2.6 last year!
Radaring it closely!
Might want to watch this today on radar way oversold should have a lot further to go after yesterday hoping for 50% today. Might help some get out that have been stuck here.
Slowly going down; will 0.15 will be another support or will it keeps going down and down to 0.10 then a reverse plit
A Post Script(and reposting after I sold): Out at .22. Still have a residual amount of ~750 shares. Was in no way counting on this 2016-03-23 8K Filing:
Wiling an appeal; if denied the stock will be in the 0.01....if approve; that doesn't mean it will go up ; need to win.....I will buy if there s a breakout for now; stay away!!!
Found this on Seeking Alpha. Posted by "31402625", so I give him the credit for the following ... it's not too good:
Well, I'm in at $.24. It filled early this A.M. first thing. This has gotta go up some.
I think a lot of people have lost a lot of money here. They did say on the conference call(of which no one even had any questions ---even negatively!), that 'the legal proceedings were funded'. Translation: (apparently) no dilution.
However, this thing is so far down(that even with a possible R/S down the road), ... over the next month or two, this can only go up. For people that did not sell on the panic, I feel this could represent an opportunity to recoup some, repeat some(buy very measurable), losses.
At least I see no pumpers here sayin' 'grab some cheapies !!'
F8J .. have no idea about the fundamentals....
at the moment still ..
just picked it up scanning techs
no time now ..off to traffic court
not in this one at the moment
sold yesterday because can't watch it today
just been trading sideways mostly anyway
not sure if getting back in .. back later
thx for mentioning possible snafus
Chance, I know your posting was regarding a reversal of share price. However, have you or any one else heard anything about a possible R/S in order to qualify for the 1$ NASDAQ Minimum?
I listened to the conference call http://edge.media-server.com/m/p/xwfo8hda
This call made no mention of future plans after the 180 day 'probation' period day is over.
GLTUA F8J
looks like reversal up still might continue....
overall slow market day yesterday
kept this from going alot higher
yet still had decent gains
and looks like might continue
some indicators > http://stockcharts.com/h-sc/ui?s=CRDS&p=D&b=5&g=0&id=p00942160536
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Weird EOD trading... Lots of 100 share buys @ 0.23 and 0.24 (so far)... Signal for good news soon?
That has nothing to do with CRDS unless the grounds of the ruling is the basis for CRDS's appeal.
I see from the PR yesterday that although the ruling was a big blow, the company still has value through appeal, other patents, the possibility of sale, and the ruling coming out March 17.
My market value for the stock is 0.60 based on potential, however the recent pps will keep this undervalued for the short term.
Minor claims 14 through 39 denied, but major claims 1 through 13 have a stronger chance.
Eberwein continues to increase his holdings. Makes me giddy when an insider wants to own more of a quiet low floater like this! $CRDS
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Crossroads Systems, Inc. 11000 N. MoPac Expressway Austin, TX 78759
| Crossroads Systems is a leading provider of Business Information Assurance (BIA) solutions for assured data connectivity, highly-resilient data storage and transparent data security. For more than 10 years, Crossroads has delivered the industry's best storage routing devices. As information security requirements have become a corporate necessity through corporate governance and industry compliance regulations, Crossroads solutions have expanded its offerings to deliver three suites of BIA solutions: NearEdge storage routing devices for assured connectivity, SurePath for guaranteed backup and data recovery and StrongBox for secured information. Crossroads helps enterprises store, manage and ensure the security, resiliency and accessibility of your business critical information. |
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