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What's causing rapid stock decline????
Your kidding right????..5 months decline from $24 down to $.25...
Cmgr..show have Caveat emptor designation!
Imho.....ziggy
Caveat Emptor security is a designation the OTC Markets Group places on a security after a determination was made surrounding the company that there may be potential risk to investors which include a questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, ...
Good move.. cmgr is all fluff and no substance...several months ago the stock peaked at $26..... the pumpers have left since rational minds exposed this stock for the scam it is... just good DD always prevails....ziggy
Thanks Watson!!!!
Wow...something happened today!!!
Did I say $3????
Sorry..I meant $4!!!!!
Ziggy
When are they available? Ziggy
Check current price...$3 as predicted
..my time frame a little off...but $3 has delivered...no bankruptcy as you speculated.
Cheers...ziggy
This is a volatile stock...big swing with no news!!!!
Ziggy
Roblox catching steam again after falling below $80....ziggy
New potential....new opportunities!! Ziggy
Your analysis and current comments reflect my assessment of cmgr for the last several months...gone are the daily pumpers that promoted a stock...all hype with
... no substance in revenue or potential.
You have your next follower....ziggy
Unfortunately UK's just announced termination order as of this morning will cause stock to drop back to $12 from a recent high of $19.
Good luck to all....ziggy.
Reverse stock split 10 to 1 could be a gradual bleed on the stock...never say a rs go well.
Ziggy
$2.50 and rising!!
Exactly...I'm on same page. Ziggy
Trend is starting back up!
Ziggy
Nice reentry quack...already have sell at $2.50.
Ziggy
As predicted...got back in a $2.
Coming fast!!!!!
Current low $2.06...$2 coming fa
Buying kos at limit $2.00
Ziggy
Biden to push electronic vehicles today at 3pm est....also more positive plug for wrhs...ziggy
Electric Vehicles’ (EV) popularity among consumers and investors suggests that the EV revolution is finally here, after years of wait and hype. Their growing sales, positive impact on the environment (reduction of carbon emission), favorable policies (government grants and subsidies to promote EV), and growing infrastructure (increase in public charging stations) indicate that electric vehicles are not far from becoming mainstream.
So using the TipRanks stock comparison tool, let’s compare five electric vehicles stocks and see how Wall Street analysts feel about these approximately 11.3% upside potential to current levels.
?
Workhorse Group (WKHS)
Shares of the electric truck manufacturer Workhorse Group have gotten a fair amount of beating, and are down over 47% this year. The company’s problems were exacerbated when the United States Postal Service (USPS) awarded a 10-year multi-billion contract to Oshkosh (OSK) instead of Workhorse to modernize its aging delivery vehicle fleet. (See Workhorse Group stock charts on TipRanks)
Workhorse has filed a formal complaint with the Federal Court regarding the USPS contract and recently announced Rick Dauch as its new CEO. (Read more: Workhorse: Can New CEO Trigger a Turnaround? Analyst Weighs In)
Whether the new CEO could turn the company around remains a wait-and-watch story. Meanwhile, Wall Street maintains a Moderate Buy consensus rating on the stock, based on 2 Buys and 4 Holds. The average Workhorse Group price target of $13.25 implies 27.3% upside potential from current levels
New life for wkhs under new ceo leadership...
https://investorplace.com/2021/08/ceo-ouster-signals-that-wkhs-stock-could-finally-turn-a-corner/
New ceo has a lot of experience and potential.
https://www.tipranks.com/news/article/workhorse-can-new-ceo-trigger-a-turnaround-analyst-weighs-in/
2nd followup article show new ceo with solid experience and vision...a must read for potential investors...ziggy
https://www.autonews.com/executives/former-delphi-technologies-ceo-richard-dauch-take-helm-workhorse
Great article on wkhs potential.... rush to exit wkhs premature.... forefront on drone delivery development..... longterm....buy rating..ziggy
https://investorplace.com/2021/07/wkhs-stock-has-a-hidden-asset-that-makes-it-a-buy/
Like I said ..this stock heading to $1 unless there is significant turnaround in cost cutting and revenue generation.
All the hype about 400 mil audience does not mean squat...if no revenue generated.
"Don't let cheap shares go bye!!!!".....is an irrelevant statement if share price is in constant ... bleeding free fall....remember this stock peaked at $26 4 months ago on Elon Musk rumors...the trend is your friend...
Caveat Emptor. Ziggy
$1 is coming unless cmgr can show increased revenue and cost cutting guidelines...no hype is going g to keep this pi k afl
As of July 2021...cmgr..has 95,000,000 shares outstanding with only a 7,000,000 float.
I cannot yet find who own the remaining 88,000,000 outstanding share...otc pinks do not have to declare all the data required as per nasdaq and new york exchanges.
What important is can these 88,000,000 be dumped on open market at will or are they held by cmgr executives / private investors for mandated time periods???
Maybe someone close to cmgr investor relations can clarify to the ihub board..
With such a small float...drastic price swing can occur with minimal trading volume..
Good luck to all....ziggy
Cmgr has expensed more cash in 1st qtr 2021 than all of fiscal year 2020.
Valve loss per common shareholder value is also significantly worst in..2021...
Bottom line..if cmgr cannot cut costs...generate more revenue...then price per share will continue to deteriorate. All figures direct from nasdaq financial....good luck to all ...ziggy
1st qtr 2021:
Total Revenue......$523,000
Cost of Revenue...$317,000
Gross Profit........$207,000
Operating ExpensesResearch and Development--------Sales, General and Operating Income...... $-4,161,000
Interest Earnings Before Tax....$-5,799,000
Applicable to Common Shareholders
-$5,799,000
Has anyone looked at cmgr financials..I have... bleeding red: year end 2020
Total Revenue$1,010,000
Cost of Revenue$580,000
Gross Sales, Earnings Before Interest and
Tax$ -2,356,000
Net Income$ -2,578,000
Applicable to Common Shareholders
$ -2,578,000
--------------------------------------
The most important number is value per share to common share holders...which is currently
$-2.5 million.
Only way to stay afloat is drastically Increase Revenue and/or ..... selling more shares on the open market...ie....share dilution which lowers price per share accordingly...
Just to be fair.. I will look at 2021 numbers and post....... I believe cmgr still has 400,000,000 of authorizes shares which can be sold on open market.... ziggy
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Potential short squeeze coming!
https://www.thestreet.com/memestocks/other-memes/2-meme-stocks-on-the-edge-of-a-short-squeeze
Power hour = sour hour for today's eod.
You mean by patience ....share price devaluation from $26 to $3.50
Funny..I would have list my patience ( and wallet) by then....ziggy
Jerry......show me the money!!!
Juice means all promo and hype... no tangible results or cashflow... ziggy
$1 is coming...all hype no juice!!!
Ziggy