Post by
DeathPool on Nov 22, 2016 10:21am
Bad News
Has the bad news been leaked?
Comment by
Craigbad on Nov 22, 2016 10:30am
I couldn't help thinking of psg when reviewing the cxr chart this morning. Bad earnings, big dip in chart, fomo rally back to pre earnings level, then a cease trade. Cxr still has money, but the comparing the charts is laughable, creditors have to be getting nervous.
Comment by
DeathPool on Nov 22, 2016 10:36am
When the CEO and the Lead DIrector (now Chairman of the Board) evacuates from their stock, that speaks volumes. Maybe just maybe they know somethin'
Comment by
Craigbad on Nov 22, 2016 10:46am
Not getting alot of downward momentum here though, I think any short worth their salt moved into Cgc last week. As bad as Cxr is, there is a pile of money to be made shorting when a company has a $1.5 billion market cap with $8 million a quarter in sales! Lol