RE:Bought August19 CallsAre you short and buying calls to hedge against an upside move or just bullish enough to buy calls in anticipation of Q2 ?
BargainHunter88 wrote: A lot noise in this stock, a lot of shorts sure jump in blindly following Mr. Cohodes.
Mr. Cohodes' thesis for CXR's downfall seems somewhat based on Mark Thompson's track record. He made similar remarks previously regarding AMAYA CEO who engaged in insider trading, and the stock seems to be doing fine.
The world is grey for all I know, being righteous or even being right about the market sometimes do not translate to profit. I am sure he is very aware of that given his drastic career change to a chicken farmer following his fund's demise.
Let's wait and see what Q2 earning brings.