Post by
fdfd12 on Feb 08, 2017 8:41am
CXR
It 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
Comment by
fdfd12 on Feb 08, 2017 9:20am
I said $100 in time, not in NO TIME. If the debt is paid and they continue doing $1 each quarter, then things will look good. They don't have to increase their prices. Keep the prices where they are and get rid of the debt and it is close to $100.
Comment by
MrHulot on Feb 08, 2017 9:37am
Oh, Look who’s back with a lower open. Brave DeathStool/Sir Robin
Comment by
knowsnothing on Feb 08, 2017 9:10am
Anyone has the link for td report ? funny timing to release the report....