CorMedix Inc. (NASDAQ:CRMD)

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  • Brett: $CRMD breaking out on volume (10 minute charts)
  • bRobert: @Brett $CRMD Tightening consolidation WEEKLY C&H breakout $250/$300 $OKTA $300/$400 $ZS $250/$300 others HIGH TARGETS
  • just4mo: @bRobert $CRMD $OKTA $ZS I think you confused $CRWD and $CRMD. $CRMD is at $9
  • bRobert: @just4mo $CRMD $OKTA $ZS $CRWD CORRECT $CRWD Long term hold from below $100 area
  • lostsheep: $CRMD continues to climb
  • lostsheep: $CRMD had set an alert some time ago that just went off Elliot management took a large stake
  • bRobert: @lostsheep $CRMD $8/$11+ WEEKLY reversal Potentially higher long term 10% short $6.50 target 1 close Look for pullback bounces np I'm very bullish on biotech $XBI in particular Very strong base
  • lostsheep: $CRMD low price and volume. Like watching molasses in winter I have been building a position in creeping higher recent pt's at 20 and 22
  • lostsheep: $CRMD lower priced pharma has recently received a few upgrades and pt at 20 and 22. broke above the 200 and retested now working above the ongoing downtrend line going back to 10/15.
  • lostsheep: $CRMD lower priced stock. 9/21 upgrade 20 pt caused a nice spike in price and volume and sold into. Yesterday closed above the 200 for the 1st time since july and upgraded today with 22 pt.
  • Vehid: On my wall of shame I have some $CRMD that I bought before #SMM and #Dan. Not going to happen anymore! Today it jumped a little bit and also looks like volatility squeeze to me. Would you please tell to this #newbie if the same concepts (volatility squeeze, cup and handle, ...) also valid for penny stocks? Thanks!
  • spmeyers: @Vehid $CRMD #SMM #Dan #newbie sure, but such stocks should only be a small part of your portfolio, and it's best to paper trade them for a while to see if you can make $$ on them; also in many cases brokers don't take stops on such stocks, which is a non-starter for me
  • spmeyers: @Vehid $CRMD #SMM #Dan #newbie and stay away from the lower right corner of the chart
  • Vehid: @spmeyers $CRMD #SMM #Dan #newbie Thanks. I appreciate it.
  • gwenzee: @Vehid $CRMD #SMM #Dan #newbie Are you a newbie to trading or just SMM? I would DEFINITELY stay away from penny stocks. They will eat you lunch and your dessert, too. They are so "cheap" for a reason. Stay with stocks that are in an uptrend and showing signs of going higher.
  • Vehid: @gwenzee $CRMD #SMM #Dan #newbie basically both. Yes, my short experience also convinced me to stay away from them. Anyway, looks like you should pay for experience if you are not a good listener. Fortunately, I have not lost much, but enough to keep me away from them for the rest of my life.
  • gwenzee: @Vehid $CRMD #SMM #Dan #newbie Good decision.
  • DAN: @Vehid $CRMD #SMM #Dan #newbie Hey Vehid. Welcome. As others have said, stay away from these penny stocks. They are cheap for a reason, and they'll take your money. Seems like easy money...but it's really not. You're kind of gambling with this type of thing. Just focus on making good trades...not hitting home runs or grand slams. Just a string of good, low risk trades. Takes time. A lot of time...and a LOT of hard work. But it's worth it once you turn the corner. Happy to help all we can here.
  • Vehid: @DAN $CRMD #SMM #Dan #newbie Thanks. Yes, lesson learned. Any failure is called a learning experience to overcome the pain!
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Stock Price $12.49
Change 2.63%
Volume 1,234,410

Cormedix, Inc. is a development stage pharmaceutical and medical device company that seeks to in-license, develop and commercialize therapeutic products for the treatment of cardiac and renal dysfunction.

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