Sep. 3 at 5:53 PM
$CCLD Had my buy alert go off here, and bought a good chunk of common at 2.20. This is too cheap for having cleared out all their preferreds and trading under 1x sales with decent margins and free cash flow.
They had a buyout offer before, but didn't take it due to the buyer wanting to mess over preferred holders. Now that overhang is gone, it would be much cleaner here and maybe that's been their long game after all. Either way, this is too cheap here.
