Perhaps...doesnt change the fundamentals, though....CDRD has No revenues, No earnings, No cash, lots of debt, lots of share dilution waiting in the wings, AND after tommorow lots of Junk bonds bearing very high interest (not to mention the convertable preferred bearing 10 1/2% interest) and no potential product for over 2 more years, if at all........nothing goes straight up or down, so IF there is a squeeze, take advantage of it and sell if you are long, and short if you are aggressive........CDRD will be much lower, soon....IMHO.....;^)
P.S. I see you are new to the CDRD board.....any thought or info to add on todays high volume? Did you buy through Merrill lynch? |
