CXRIt survival depends on only one thing.
Can the cash it has and will earn in the future be enough to pay their big debt.
If yes, then stock will go to $100 in time.
If no, then bankruptcy.
That is the bottom line.
Today TD cuts to $1 from $2.5 so we will drop at the open.
If the market senses that CXR will survive in the long run. We will bounce back today or tomorrow.
If not, then we may have a $1 drop to $2.50