CorMedix Inc (CRMD)

[Lazerking40]

Anyone who knows me on this board know I am a long term holding bull - but I also am honest. Looking for opinions out there. I think we could face some resistance between .75 and 1.10. Got a lot of warrants out there. Next up is about 4.1M $0.75 warrants that expire on September 10th, 2018. Over half are owned by Elliot and about a quarter are owned by insiders. I think both will let them ride till closer to the exercise date. That leaves about 1M left and I am not sure who owns them. I would think that if volume remains even close to the past few days, we should blow through them pretty quick. Heck, I wouldn't be suprised if we blew through a few yesterday with guys taking a 3 or 4% profit when we got close to .80 yesterday. There are a ton in the $1 range that don't expire till 2022. I think it is more of a bump in the road and we will continue with our momentum, just wanted to point out we could face a little resistance. Still long, still bullish, and still a 10x win in my honest opinion.