RE:VolumeShort trades outnumbered regular trades yesterday on CXRX by about 30,000 shares or so in aggregate, not huge but still an indication that there is manipulation going on with this stock.
Tonight we will have the updated short position data on CXRX to October 31, and it should give us more information as to whether there is someone building a short position or someone holding this stock in a range in order to acquire on the cheap. Either way, I agree, this is undervalued.
I think Buffett also said
“The best thing that happens to us is when a great company gets into temporary trouble…We want to buy them when they’re on the operating table.“
We are at that stage now, except CXR isn't even in trouble, it is VRX specifically and the sector in general. Great buying opportunity!