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Lang: CRWV Sinking in Debt, Options Traders "Circling Like Sharks"

Dela

Bob Lang of Explosive Options says that CoreWeave (CRWV) is drowning in debt and expects the stock to get "drilled" after earnings. He says options players are already "circling like sharks" on CoreWeave because the company doesn't have enough cash flow, revenue, or earnings to outweigh their liabilities. Lang has a dim forecast for technology as a whole, adding that high debt is catching up with the industry. He explains the next six to twelve months is in the hands of the "bigger players" in tech. 


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