Business

CorMedix, Inc. (CRMD) Stock: Is It Worth Your Time?


This means that so far in today’s trading session 10,567,026 shares of CRMD been bought and sold on the open market.


If you’re interested in investing in an enterprise, it’s usually a good idea to make sure that the company can pay its bills.


Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense.


When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead.


Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet.


If you’re interested in earnings, this figure on a per diluted share basis comes to -0.50 with the company generating revenue of 0.50M in the period.






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