RE:ObermanI'm with you Michael, bought more yesterday to average down. Democratic shorts have been covering since Wednesday and I don't think the momentum is done. Let the shorts say whatever they want they always do. They can kiss drug price gouging regulations in the US goodbye.
MichaelSilvia1 wrote: Oberman has a big task ahead of him. But that is why you can buy the stock for so cheap.
Remember when Air Canada was trading below $1 a few years ago? Or when Baytex was $1.57 earlier this year? Those are both companies with a lot of debt that were misunderstood.
CXR has had a couple very bad quarters. The margin calls and insider selling are disgraceful. But that doesn't mean that Oberman can't turn this around. I'm happy that I bought some more yesterday - a lot of shorts may be getting too greedy here.
And now I'm going to get bashed by the shorts on here who have multiple accounts and post every half hour about how they think this is going to 0. You should spend more time doing DD.