Replies to post #830 on Crumb''s Bake Shop, Inc. (CRMBQ)

[IL Padrino]

Yea,
The company is definitely distressed, no doubt. However, I like the BJ wholesale agreement as well as the restructuring. I don't see this going sub-penny. They're an established company so I'll keep averaging down until I find bottom.
I'm not putting a ton into it, but I do see an upside, long term. I want a total of 10,000 shares eventually, I think this will go back to a couple of bucks long term.