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All heck will break loose if this goes to and past 0.0024
good to see some faces still here. loaded up. ill post a chart laters
Today could be the day it runs. Sell high. Looks like 10 million cover shares wanted on the bid
watching the next upward movement. if it breaks above $0.0024 watch out
Cdel will issue shares at any price . Its based on daily volume. If it goes up .they'll issue shares. if it goes down 'they'll issues shares. basically CDEL is a mute point.
The debt to be honest at this point is minimal in the scheme of things 15 million isn't a lot.They will be able to get favorable lending after they have a profitable year.(not too distant). the third hospital is basically going to add 50% to revenue. They started with the first one at 12 beds. the 2nd has 85 and the third 55. I know for a fact that each bed brings in between 700-900 dollars a day. so in a 1 year period (minus cap loss of 10%) They should bring in 37-39 Million Dollars in annual revenue > then take off operating costs should leave them with a healthy profit to pay down debt. Not to mention the added facilities like lab work and the CT scanner income. Overall this should rise very rapidly imo in the not too distant future. Incidentally I was in with another OTC couple years ago that was similar and it ran to $ 0.38 with dilution from $0.0016. So im quite confidant the worst is over baring a minimal R/s should it happen
No ones selling .Good
watching CDEL at this point its just distributing shares based on buying. so 1million shares bought it distributes 500k extra.
guys its time you made your money back. hold the trend its Up
It will jump if it can get above $0.0024
Bought back in after taking a loss. looking like a nice bounce
Your forgetting two things. That 1. We forced a 2 million cover buy today and 2 it’s up for the second straight day. 3 days will signify a reversal. Ie people are not falling for all the negative. Dilution will fall off fast the quicker it goes up. Debt and share increase reduce quicker as it rises
Agreed.been a buy now for 3days straight
Shorts will owe a fortune shortly to their broker
Key price$ 0.015 above that it will rocket
Bought another 100k
Called it buy it while you can this cheap. Ain’t staying here long
Game ON! Shorts are scared
too funny Ben
blocked im sick of das nay sayers.Stay waffling to yourself in the void
CDEL moved their BID up (lvl2) Bullish!
totally agreed. just a matter of time before the floats swallowed up buy longs. IMO its hours not days
Should read ""no reason not to "Buy""darn autocorrect wins again
No reason not to but it with a tight stoploss so your negative argument is null and void
scuse the spelling im Dyslexic
CDEL has the ask loaded with unseen shares at 0.01. Doubt its going to move. peeps hit the ask for 500k shares and it didn't budge
I agree corruption. looking at a MASSIVE short squeeze building on my 1hour chart.Just needs a kicker to move up. IF and this is a big IF it does I think all hell will break loose when shorts try to cover
Short volume for the last 8 days is 7.95 million shares.From short volume.com. That's ALOT of covering when it goes up. IMO rest is accumulation by longs. Short squeeze immanent. Float is totally used up
Man this CDEL mm is aggressive. But in saying that their cover seems to be sitting at 0.082. Looks like their aiming for that. retail needs to be just as aggressive imo
Ben I just realized any work they funnel through the lab is a rightoff. Pure profit(minus expenses) could be a real revenue producer. I still think semu has flogged a dead horse with the spinoff idea.Dont see it happening until q4 19 so it shows a year of profit.
You clearly shouldn't be here. either your short or lost money by selling the low.They just announced a doubling of revenue. So your theory worked in the past but dosent stand todays test that it reversed course up. (SO ID COVER IF I WERE YOU)
This cant stay at this level even if part of the last 5 days was dilution. Only 15 million shares traded in total. I doubt if 50% was dilution. Therefore this is a bottom. Any further large volume dump dilution will red flag the stock to the sec. so still a price tag over $1 with an additional 54 beds its a 50% increase on revenue as they have 97. Plus this leads with a diagnostic center adding value if its spun off with the testing. but I doubt the lab can be spun off as id dosent have revenue. Plus semus had been pushing that on for 2 years now and nothing happened. So looking good with revenue, probably at breack even or positive revenue wise.
RNVA to aquire another hospital Q1 54 bed. Bullish buy the heck out of it. revenue just increased by another 1 million a month
agreed george
any close tomorrow above 0.01 or a "Green" day will signify a reversal
Ben I can think of better things other than salt and lemon.lol. Anywho, 15 million is a low float. Goldman Sacks has done studies suggesting a 2-3% buyback or in this case Bulls being confident to hold 2-3% on such a low float WILL indeed make it rise rapidly. IMO it needs some confidence and or 1-2 shorts in this thinking they are clever holding 500K shares then having to cover at 10x-100x in a rapid buy to give it the kick it needs. No doubt a 15mill float at these levels will be gobbled up quick , which I believe is about to happen in the next day or so. News being the kicker on the developing short squeeze im watching on my TD platform hourly chart. the volume is drying up. Hense the shorts are running out of options rapidly and will soon have to cover. Looking intensely at any news reaction. Aim is to relist on the Nasdaq. Warrants cant be exercised until $0.45. so someone here is going to get rich if they hold it to $1 which I think will happen rapidly depending on the 15mill float
Their form 10 does mention a new Acquisition by EOY. We'll see its getting close