227: Chase Galbraith – Trade Recap: Swing the Rumor, Sell the News
Chat With Traders
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K-R-I-M: A Microcap Stock With a Large Cash Balance
K-R-I-M had a large cash balance. That's $30 million of cash sitting on their balance sheet. So they had plenty of opportunity to find a decent asset and they hadn't raised capital in about five years. I first started looking for an entry when, so it was, Lemeth or August said, got down into that like four to five range. It was consolidating through there and that was kind of like at that five resistance was kind of long term. Like the indes were kind of ranging in that for about four years.
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