Obvious short manipulation to cover. I gotta say that they fooled me today. Yes the shorts did win today by manipulating fake reports to pick up all the stop losses and trading Cxrx for a massive profit today. I told you guys not to trade this any more , these guys are very smart and powerful enough to spread propaganda to their advantage. Cxr management never at any point confirmed any of the reports as they were obviously erroneous. What management said was golden, we are still reviewing alternatives. Obviously the deal in the works is almost done and the shorts who haven't covered will have their head handed to them soon. 7 million shares traded in New York and 4 million in Toronto. That's pretty much all the available shares not held by institutions or the same shares getting recycled Over and over.
I told you guys that blackstone was not the company Cxr is talking to. I really liked how they dealt with the massive price fluctuations, they did nothing. I gaurantee you that I will have the last laugh here. Closing SP is irrelevant to me, the takeout price is. Don't trade it just hold and wait. It very near.