Akin to ISNPY, this one is a good value. However, CRZBY management is a failure. They announced that they would raise equity way before they effectively officialize the price at which it is to be done and the exact date and conditions to subscribe.
As a result, market price went down and down because reflexivity acted. Fear of dilution triggers selling, and lower price exacerbates fears of dilution bringing in further selling. I think this high level of incompetence justifies to be care… More
| Price | 1.75 |
| Price Change Today | -$0.03 (-1.69%) |
| P&P rating |  |
| Zacks Rank | N/A - N/A |
| Open Price | $1.76 |
| Previous Close | $1.78 |
| Daily Range | $1.73 - $1.79 |
| 52-Week Range | $1.50 - $4.74 |
| Volume | 47,442 |
| COMMERZBANK AG is involved in the Financial Services Industry. Their principal activities are the provision of banking services, operating through the following divisions: Group management and Services, Domestic Branch Banking, International Finance, and Investment Banking. | |
As a result, market price went down and down because reflexivity acted. Fear of dilution triggers selling, and lower price exacerbates fears of dilution bringing in further selling. I think this high level of incompetence justifies to be careful in buying CRZBY stock and that this may go lower for a while. I open the position here but I would keep dry powder for the other investment opportunities as well as to buy on weakness this one later.
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