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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?
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.
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.
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.
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?