Hi Mack
Yes agree it is very simple. However, we have a deep divide in opinion about CNN fundamental strength. At the present time, there is no fundamental strength. We have losses and cash burns. Until we have evidence that this turns around, a consolidation would not take the price out of a penny dreadful status.
Sorry to keep harping on about this, but your theory of market manipulation does not hold water. (in my humble opinion). The price of a stock has no bearing on what you are implying. It can be done at any price.
Also, I would caution posters to read announcement carefully. The last order was not for $1.8M. It was for $1.8M annualised. A very big difference. Also,we need cost/profit on these sales. Right direction but are they profitable?
Regards
Pear
CNN Price at posting:
0.2¢ Sentiment: None Disclosure: Held
