CryptoLogic Limited (USA) (NASDAQ:CRYP)
CAPS Rating:
The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.
Growing the love for investing
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.