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Would You Gamble on This? (iWog's Advice Welcomed)

By Robber Baron Elite Scum follow Robber Baron Elite Scum   2014 Dec 1, 1:50am 2,486 views   8 comments   watch   nsfw   quote   share    


What is all your opinion on this stock?

CRNT

https://www.google.com/?gws_rd=ssl#q=CRNT

Would you say it's at a bottom price?

Would you invest?

1   indigenous   ignore (0)   2014 Dec 1, 2:27am     ↓ dislike (0)   quote   flag      

Why is there no P/E?

2   Robber Baron Elite Scum   ignore (0)   2014 Dec 1, 2:33am     ↓ dislike (0)   quote   flag      

Under it's financial metrics found here:

http://www.ceragon.com/about-us/ceragon/investor-relations

It is operating at a loss.

After reviewing the financials; I personally think it is a highly risky investment.

I wouldn't invest unless it falls below 50 cents and even then I think I'd not put too much into it.

But what is your guys opinion?

Do you agree with me or disagree?

Why?

3   hanera   ignore (0)   2014 Dec 1, 3:53am     ↓ dislike (0)   quote   flag      

Check GTAT before doing anything. May be feathers from the same bird.

4   indigenous   ignore (0)   2014 Dec 1, 4:21am     ↓ dislike (0)   quote   flag      

It seems to me that his praises are a bit over stated. He seems to view things from a micro viewpoint. Based strongly on the front running of the Fed. Anyway you are right he is quite astute in his predictions, but certainly not as to the reasons why.

5   Robber Baron Elite Scum   ignore (0)   2014 Dec 1, 4:51am     ↓ dislike (0)   quote   flag      

hanera says

Check GTAT before doing anything. May be feathers from the same bird.

+1

Holy crap. That's a pretty good comparison even though they are in slightly different industries. Both are technology companies however.

It's down at .44 cents as of now - all the way from 19-17 dollars to a measly .44 cents in just a matter of 3-4 months.

Some chumps must be crying for buying that stock at 19-17 dollars back in June to August 2014.

6   Done   ignore (1)   2014 Dec 1, 5:04am     ↓ dislike (0)   quote   flag      

125-200% profit perhaps a bit more. Its a trader nothing to fall in love with at this time however has some trading potential.

Upside potential is $2.25 and 3.10, downside .2921-.1132

It is sitting on a logical point of retest now.


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