r/wallstreetbets Flipping at the Grand Exchange Jan 31 '25

Earnings Thread Weekly Earnings Thread 2/3 - 2/7

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5

u/[deleted] Feb 06 '25

I guess no one is paying attention to CRNC since it is not on the list? :4275:

1

u/Clean_Photo_8864 Feb 06 '25

Good lookin out

1

u/[deleted] Feb 06 '25

Well that was disappointing

1

u/KindlyWrap3221 Feb 06 '25

Let’s gooooooooooooooo

1

u/[deleted] Feb 06 '25

This is why I don't like to speak too soon

3

u/dickychann Feb 06 '25

I’m in for 15 Feb21 15C

No idea what these guys are about

1

u/KindlyWrap3221 Feb 06 '25

We up boys

1

u/dickychann Feb 06 '25

Party is over now. Would have been cool if it wasnt

2

u/Embarrassed_Box1827 Feb 06 '25

What u cooking up

3

u/[deleted] Feb 06 '25

Implied volatility for it is over 20%, high short interest. Last earnings, it went up 155%, no way it goes up this time right? Seems undervalued by analysts. Revenue is expected to decrease but if they beat that sentiment, it might moon similarly. I am torn, but no one is discussing it.

1

u/Past-Entertainer335 Feb 06 '25

I own CRNC equity, comparing with SOUN, reasonable PE, PS, reasonable SI percentage, what's more, tied to NVDA, its ecosystem. I think it will ride with recent NVDA run. No options. the IV crush kills everything.

2

u/Embarrassed_Box1827 Feb 06 '25

Straddle or just straight calls?

1

u/Past-Entertainer335 Feb 06 '25

follow you heart, I just do equity this time.

1

u/[deleted] Feb 06 '25

I am too much of a poult, playing it safe and buying shares.