RE:NOT SHORTSI totally agree with you fdfd12 that shorts is a lame excuse. Almost 30% haircut less than a month - there must be something going on. I think CEO has failed in winning trust of institutions or may be there are better deals out there right now and people moving out of CXR fdfd12 would you please explain that what might be reason for this 30% haircut. Your posts are always helpful. Thanks
fdfd12 wrote: For this week.
CXR TSX IBB
-8.5% +2.8% +1.4%
For 2016.
CXR TSX IBB
-27.4% -4.8% -14.9%
Looking at these numbers, for the whole year, CXR
has been double beta of IBB.
For this week, I have no explanation.
I AM SORRY BUT....
Saying it is the shorts is a LAME excuse.
Tell me boys, why would the SHORTS come pick
on a stock that is 4.5 X this year earnings.
Isn't VRX an easier choice.
Shorts are smart people. They wouldn't pick on a stock
that is fundamentally great.
They only pick on stocks which have deteriorationg fundamentals
or are frauds.