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CRO Technicals, page-49

  1. 12,562 Posts.
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    I am honest, I am looking forward to a lower sp just for trading and LT profits, but what is your agenda? Rubbing salt into financial wounds of some holders here? Is that what gives you satisfaction? For months you have posted negativity, what do you really want. Why not spend time on stocks that fit your investment strategy instead you beating this one up over and over again.

    I've been through this scenario many many times and made good coins over time with a variety of stocks and in real estate applying the wisdom of successful investors and from what I have researched over the past 12 months this one should turn out well too.

    CRO has heavily invested in its " infrastructure ", that costs a lot of money while having no or close to zero income. That's totally normal for a start up. Covid had impacted almost all retail businesses and that way CRO too. Delays are unfortunate but not to avoid. I trust AF when he said the ground work is done, the turn around will start.

    I was involved in the start up of radio SAW in Germany in 1992. It took 4 years to break even, some of the impatient stake holders bailed out angrily after 2 years as the costs increased compared to what was projected. In 1999 that station became the most profitable private radio station per listener in Germany and is still among the top 10 in Europe.

    There are no guarantees, but this ship hasn't gone down yet.

    GLTA
 
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