CHKE Very Strongly Oversold

7 cze 2018

CHKE a marketer and manager of fasion portfolios of fashion brands, its brands are licensed with retail and wholesalers in 50 countries and about 9000 retails. After reaching a high of $29.75 in the summer of 2015 it has dropped to a low of $.65. Looking at the company financials reveals possible under evaluation by the market. With a market cap of about13mil and an enterprise value (MRQ) of 56mil, total assets of 103.597mil and a new deal with Bearpaw Holding CHKE could be on its way back up. In the last 3 weeks we have seen CHKE spike to $1.30 and retreat. A break through of $1.30 could create a large move to the upside and we saw an all time high on volume two days ago. Watch this for a strong move to the upside, possible short squeeze.