RE:RE:RE:RE:CXRI agree. Right now it has more to do with mass psychology than fundamentals.
I think market recovery will be slow, not rapid. Too many people selling into rallies, still a lot of fear. We haven't seen the bottom of this yet.
Today it was Draghi's comments that seemed to open the door for a further rate decrease or more QE in Europe which sparked a bit of a rally. But I think this may be a temporary reprieve.
The good thing is that if you are a long term investor, you know the market will eventually bounce back, and CXR with it and then some as it posts solid results.
For what it is worth I am mostly cash sitting on the sidelines at the moment. I know I will buy more CXR and may start buying in daily to dollar cost averaging now, as I do not think I will be able to time a bottom and want to have a larger position when they have their earnings release.
I definitely did not think I would have an opportunity to add it this cheap again!
GLTA
Marcel
argentia77 wrote: All true. Unfortunately fear of a major market correction in 2016 is what's holding back this pony imo.
adamchess wrote: What is there not to trust? They have consistent performance and growth quarter after quarter. Geez. Give us a reason. High debt is lame excuse as revenue and EBITDA excedes interest cost with room to pay down quickly. Lots of growth in revenues on the horizon from many directions including price increases, new products, revenue expansion across regions, development of products, etc.