CryptoLogic Limited (USA) (NASDAQ:CRYP.DL)
CAPS Rating:
The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.
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The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.
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Nightmare of a former Hidden Gems trash. CEO stepped down, now a board member is taking the interim CEO position. CFO turn-over as well. With that said the stock has taken a horrendous beating and now sports a market cap roughly at or even below net cash. Of course, the company is burning cash. But looking for a short-term pop or acquisition by a competitor here in CAPS.
This is a stock you need to buy for your kid's college. At 1.27, spend $5000 and see if it hits $30 in 10 - 15 years. That's $113,000. If it doesn't work, apply for a student loan.