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ChromaDex Corporation Message Board

  • tcrome007 tcrome007 Nov 1, 2012 11:05 AM Flag

    What the heck is going on with CDXC's stock price?

    This is dropping off a cliff over the past 7 trading days... Not a good sign. :(

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • To Craigbock31. The stock can be shorted if the deal is organised by your broker. This is pretty much the same as with any other penny stock. Before you call someone a liar you might do a modicum of research first.

    • Aside from the testing facility, the company has essentially ceased to operate. They are no longer buying raw material, producing any final products, promoting the supplements in the media or on line, or engaging in product development. Contractors are being paid with stock because they are basically out of cash. Walgreens and GNC are seeing almost no sales of their products. Competitors have taken the majority of market share from them, due to management's inability to perform or execute on their plan. The original big investors have made out like bandits and have no reason nor incentive to throw good money after bad. If you read the company's SEC filings all of this would have been easily predictable. No doubt the company shills, who dominate this forum, will call me evil things for making this information public, but if you look back at my previous posts you will see that I have been consistently accurate and factual. The fact that I am short this stock is irrelevant. The facts speak for themselves.

    • They need cash. That is the issue here. Hopefully Honig knows what he is doing and can get the balance sheet back in order. Probably going to hear about a solution soon, but market not liking it.

      Sentiment: Strong Buy

 
CDXC
0.84-0.16(-15.75%)Oct 22 3:59 PMEDT

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