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

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

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u/[deleted] Feb 06 '25

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

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.