CRTN Nice find real co. with long public history & dirt cheap. public co since 1990 8 mil $ mkt cap doing 80 mil in Rev's & went profitable ... remember started several Qtr's ago cost containment & tightening plus margin expansion plans to be profitable new CEO clearly stated 2017 will have growth & better profitability.. Insiders own a very healthy % of shares out & form 4's filed June through Sept show 85K bought from .61 to $1.20...
Look at drop from $2.50 in April was on 5 to 15K a day ultra low vol drop under a buck Tutes giving up as probably cant own it under a dollar. CRTN has over 1.8 million dollars in share repurchase available also...
pull up 5 year chart historically a $2.50 to $4.50 stock & usually around $5 when profitable.
At 8 million dollar market cap for a 26 year old co. that has little debt plenty of cash & profitable s/b at much much higher prices imo. Heck at $2.00 a share mkt cap is 18 million dollars.
NVFY went through the same thing this year drifted lower on low vol under a buck got creamed to .40 cents few months later over $5.00 Really flew once it broke the $1 dollar barrier same should happen for CRTN imo....
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