Feb. 6 at 3:55 PM
$CREG China plays esp. microcaps are all "junk" "POS"; US big tech, crypto, precious metals, ridiculously overvalued US pumps are all gold, right?
Until it's wrong, as seen with huge crashes/corrections of late. Is it time for big players to rotate $$$$ elsewhere, such as some beaten down China value plays that have solid fundamentals and long history of existence (vs. quick post-IPO P&D scams)? We'll see - it's all about how easy the money can be made and nothing else matters.
CREG has cash-loaded balance sheet consistently audited over many years. If that's real then the upside is obvious. Need 2M+ revenue to make the statement "we're real and starting to grow" and valuation shouldn't be below net cash. Surprise move to instantly generate large revenues can be the catalyst for a parabolic run - with "smart money" supporting it. Currently there's regulatory hurdles to cross but as far as biz plan and catalysts - DOYDD and connect the dots. Fundamentals don't matter, until they do.
