CarSmartt Inc. (OTCMKTS:CRSM) Stock Takes a Sharp Hit: Here is Why

August 24, 2021

CarSmartt Inc. (OTCMKTS:CRSM) fell 33% after announcing Costrade S.P.A.’s acquisition. Costrade, previously known as Visconti S.P.A., is a construction firm established in 1951 and has a track record of around $1 billion in completed projects over the years. The company has been working on public projects for the Italian government. It is currently involved in the Linea TranviariaRapida (LTR) project, an “Underground Fast Train” project in Campania, Italy.  The first…


CarSmartt Inc. (OTCMKTS:CRSM) Stock Corrects From Highs On profit Taking: Now What?

August 9, 2021

CarSmartt Inc. (OTCMKTS:CRSM) fell 40% last week following Immobilfin S.P.A.’s acquisition. Immobilfin is a real estate company whose asset value is $47.6 million and generates revenue of around $1.5 million each year. Smartt CEO Roy Capasso stated that the company had entered an agreement to acquire a 100% stake in Immobilfin. Capasso explained that the company owns commercial property in Naples, Italy, close to Naples’ Harbour. Most importantly, the property,…


CarSmartt Inc (OTCMKTS:CRSM) stock Fell 405 Last Week: Time to Buy?

August 7, 2021

The CarSmartt Inc (OTCMKTS:CRSM) stock did not have a particularly good time this past week as it suffered from a pretty strong selloff and tanked by as much as 40% as a consequence. Despite that, it should be noted that on Friday the company made a major announcement that could have an effect on the future trajectory of the stock. Smartt announced yesterday that it completed the acquisition of the…