InvestorsHub Logo

Value_Investor

09/14/19 4:29 PM

#181 RE: zerohedge #179

New high $0.149 yesterday! Will CBKC hit Another New high $0.18 in the coming week? I doubt it since the company has $143.676M Huge debts now! And such High Brand-New debts (Zero debt before CBKC hired the New CEO in 2018) could easily force the company to file the CH11 or even CH7 Bankruptcy in a couple of quarters...

Who would buy a Soon-bankrupt stock at Triple of its New Bottom $0.06?

I bet very soon CBKC will crash to $0.02 ~ $0.0251 or even $0.01 because the business is rapidly collapsing with the current inept CEO!