RE:uncertaintySorry to say, that's a very simplistic view of looking at this. Of course there is uncertainty, that's why it's trading at $35!
Just curious ruben. Are you long, short, option trading or sidelines looing to enter?
I actually see this as one big sector wide short attack.
CXR is just following in the wake of the big target, VRX. I know longs here would hate to hear that but it's better when investing to try to look at the entire landscape and not ignore anything. When I see something that doesn't look right, I want to explore it. Find the dirt before it finds you.
From my position, I'm sideline and just interested in entering healths at these near lows. I know a guy who make some real nice money here on CRX. He's what got me in the whole "short attack" tracking thing. Great way for little guys to make big money!
Doubling from here? Sure.
But 50% off current prices??? Based on what? That's really hard to understand but my head isn't around this stock yet. I have to grab a position first but at $35, I hope that VRX continues to tank because his is going to be easy to run on margin for the longer term. Oh, I'm also brutally honest. Some people on these boards hate that. Sorry, I have to be PC at work so I let go my frustrations on these boards especially when I hit clown shows.
Any comprehensive "summary for newbies"? Pretty please? Not opinions but a run down on CXR for those who haven't been watching. I'm just observing for now.
ruben12345 wrote: I believe pricing is THE discussion to have here. The prices CXR uses may be below average but they aren't the lowest. if the entire industry will be forced to bring proces down by 25%, CXR will be history. This may happen as these concern products that are off patent, had reduced to low price levels, but given limited compettion, were jacked up by a few players. I believe neither camps know the answer. I do believe the uncertainty, read, continuity of VRX and CXR is that uncertain through this issue that the current shareprice makes sesne. Until we know we are equally close to a double from here or another 50% drop