RE:RE:Cxr selloffVeritas doesn't know anything the other analysts don't know. Its a bunch of BS reporting, imo. He is no more forsenic accountant than any other analysts.
Craigbad wrote: Veritas article is trending and likely getting alot of attention. Widely read and well respected so seems there are more jumping on this as a short idea and likely some longs getting out in case it doesn't hold $25 this time. Ibb is up nice today and this is down big, so it is unlikely to hold support on the next down day imo. Like a previous poster pointed out with the chart link, minor support around $18.
kingpin21 wrote: Any ideas on why Cxr is selling off yesterday and today ?? Is it just the shorts?
Stock is looking riskier by the day. I thought the company had potential to do really well.
Looks like most people are shorting the stock and making it go down - looks like the longs are out numbered on this one!