Post by
fundtrader on Oct 13, 2016 10:05pm
Craig bad u mighy think i am beins sarcastic
i never said 80$ buys..i said 35$.., yes there were buyers..apollo being one..bid too low for board..bidding process started in april..shares were trading at 35$ then. Yes shorts started to cover today..shares jumped once News was released . I guess some one dumped over 500k shares soon after and shorters contined their attack with 12k lots picking them up again 10 c down..the usual pattern orchestrated by cibc, morgan stanley and anonymous account holders..i am sure this will continue again and again unless cxr starts buying back shares asap. Short squeeze will happen. I give it max 45 more days before shares go up for good..
Comment by
LaticelnExile on Oct 13, 2016 10:06pm
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Comment by
Craigbad on Oct 13, 2016 10:16pm
I must have missed the shares jumping on the "good news" of more high interest debt. So you think the shares will go up for good in 45 more days during the carnage of tax loss selling season?
Comment by
fundtrader on Oct 13, 2016 10:20pm
selling is already done...you might have a few here and there thats about it...dec 15 should be the last date..but my guess is buying begins tomorrow with concordia and insiders am sure mt will try to buy back his shares asap