Net sellersI asked who were the net sellers today where we traded double the average volume and dropped 10%. Someone stated that 80% of the 1.8 million shares traded today were between 5 houses at no net loss. Can we stop talking about garbage and let's see where the smart money is going. I want to know what institutional investor sold a major position at a loss.
My understanding is that Goldman was a big net buyer. I want to follow the smart money not the propaganda about eye drops, exc compensation, fx, or bnn spewing its usual garbage
cxr will be sold. If it does not then MT will be facing jail time for straight out misleading his shareholders. He is getting squeezed by the buyers who are trying to destroy the company's reputation because they are not getting their way with the takeout price. Guys remember this is cut throat, take no prisoners business. They will do whatever needs done to tenderize Cxr so they can swallow it with minimal shewing.
Lets talk all about the takeout dynamics and the psychological demoralization involved in misleading the holders of the last 14 million shares activily trading and stop talking about everything else.
This is full out war that has nothing to do with Cxr fundemantels, business practices, or earnings.