AmazingAmazing control of the technicals. Made sure we close at the day low by the penny. Every time we had a small spike due to a big buyer they managed to bring the SP down, even the John zechner pop was taken care of in orderly fashion.
I said it before and will say it again, in absense of buyers the short have absolute control of SP and it's apparent. Buyers got their butts handed to them June 2nd and will not try to play the buyout card again. 12 million shares shorted is an indictation to the longs that there is a "kill shot" like my friend lattice said on the way, whether that's true or not, Cxr need to sell before this comes out.
After 12 trading days in a row we get 1.3% upside, even with Brexit looking like a long shot.
Vrx with all its issues s outperforming Cxr on a daily basis.
Now, You guys still think that Cxr doesn't need to sell?
Managemnt lost all and any control of a potentially great company, they know it and will sell.
I'm long Cxr but I'm not a bull on the company. My position is only because all the signs are telling me that they have to sell. They will 100%.