The stock climbed %25 on heavy volume in a bear market right before the holidays, what more did you want. Tough times these days for stocks trying to hold gains. So many daily flippers trading in and out due to market gitters.
Ultimately this lawsuit needs to go away and revenues need to climb, just a matter of time. This announcement on the heels of 3 billionaires being invested in the stock is telling me good times are ahead. Chromadex is in a sweet spot.
Could be several things. Our EV is already well over $100MM. But it's great news nonetheless and if it results in our Niagen going into a lot of products it will mean big future revenues. Share price will follow.
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