CorMedix Inc (CRMD)

[Lazerking40]

My uneducated analysis of today's action based only on experience being a long time CRMD holder, but also having a relatively small brain....

CRMD provided only a very small but significant press release.

Pps rose drastically pre market.

We had some who sold the news, but I see big dumps at open. CRMD has shown they take these opportunities to use their ATM. I think they took advantage of the quick rise on small news, but maybe drove it a little too low and engaged stop losses. This sounds bad to some, but we need the money like it or not. Just my guess.

The CC and any FDA news will be the real drivers. Today's upswing showed a portion of the potential PPS with any kind of NDA news. It will come back some and longs will be rewarded in my opinion. On the long way up, day traders will continue to have a field day playing the volatility.

Today is great news and I am really excited about the near and long term! All just my opinions.

Good luck to all!