RE:RE:RE:Don't blame the SHORTS please
You are right in a sense. There is more net selling than buying (obvious). Sellers include funds experiencing withdrawals, margin calls, hedge fund liquidation, sovereign wealth funds, nervous nellies and of course the shorts. The buyers include, well, the few willing to call it a bottom and have cash to nibble. Institutions and insiders own over 50% of CXR 51M shares, so the short/selling effect is amplified. I do not think there is insider information at work here. I trust that when MT put up over $1M of his own money a couple of months ago, he did so knowing more than you, me and the market. We will know soon.