ChromaDex Corp. (CDXC)

[jfk]

Regardless of how lawsuit shakes out, share price is ludicrously levitated at this level (Approx $7 PPS x approx 55M shares by year-end, $385M cap with approx $30 run-rate), 11x sales. Could there be another bump-up on some news in the near future? Possibly, but reality will set in thereafter. PPS is running way too quickly for the company's health. If this gets to $10, CDXC would be crazy not to do another financing and set themselves up properly for the next 3 years. Any glitch, and this will become a full risk-on situation once again. Valuation here is my concern. GLTA