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07:20
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Originally posted by creditdumbness:
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Not sure why anyone would buy in at the moment but that's just me. For me, there's still too much uncertainty. For example, Jimmie had openly stated on LinkedIn that only 'stupid people" think CI1 can succeed without him. Now, how much hede you give to Jimmies comments is up to you but let's not forget that the board also said that it was in the best interest for shareholders to keep him in and recommended that shareholders vote against the resolution to kick him out. I don't really see how the board can be taken seriously after this, even despite the appointment of Doman Wong which I think overall is a good move.
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Well it's $12mil MC, generated over $4mil cashflow from operations and decent YoY growth rate, and the charts suggests oversold would be a bullish take.
(20min delay)