TheoryFacts: very little news getting out yet continued depressed share price inspite of highs in the general markets. proxy talks, preferred share vote. general meeting two weeks before earnings and the before market open earning release and news conference.
I said it before and I will say it again, someone knows something of major importance or there is a valeant like Scandle, the second option is looking more unlikely as the days go by.
my theory: Cxr was in takeover talks and backed out pissing off the potential buyer who I have a feeling has a major position in the company. This sparked a one sided war to destroy the share price for reasons beyond my understanding.
Whatever will transpire will be doing so in the next 4 weeks. I will not sell any of my almost 28000 shares (0.55% of Cxr). This is not a 32$ company. It's 70$ or zero. Im rolling the dice boys.