RE:RE:RE:$34 sucksThe shorts, although aggravating, have enabled many of us on this board to add and establish much larger positions . CXR was like the Canadian dollar trading at .64 USD .... I'd go to NYC and just look in the store windows .
We have all added largely and have to take advantage of situations like this.
Earning meeting expectations are fantastic. They show management is on top of their projections and are realistic.
I do expect some PR in the coming week. I still believe cash on will be used to accelerate debt repayment. Eventually news from the Special committee will also have to be made public. The market will unfortuntely be punishing if there is no suitor. Shorts will be all over this news which could easily happen. CXR may be keeping cash on hand to buyback shares in this scenario.
glta