Jul. 1 at 8:45 PM
$CREG Yep if the valuation stays so criminal cheap I guess more would realize this company could be controlled by retail collectively or a major activist to claim the
$58 per share cash pile on balance sheet.
Positive close but sentiment is still bearish ("credit" to that hard working troll with same childish blah blah, smh) and message volume is still (very) low. Before it's a momentum game, it's a sentiment game.
In theory, max downside is
$2 while the upside to cash alone is
$50+. With good catalyst and strong growth narrative, I see China plays could get 2-4x NAV valuation, that'd be over 100-200 for this stock. That's the R/R potential.