RE:Reality checkUnfortunately the 5 times selling price won't be confirmed until the closing on June 30.
Presently CCM is out 5% or $500,000 if the closing was held today based on the price per share established at $4.89 EDR compared to it's present share price of $4.64.
As someone previously posted, EDR has been an extremely volitile trading company. It wasn't too many months ago that I had purchaced shares of EDR for $1.70.
My other concern is the short tem haircut of almost 50 % we have endured from this change. This stock may very well languish until clear direction is given as to what positive may lie ahead for CCM. Wisely or not, I have been on the buying end today and yesterday hoping that "Anonymous" is finished selling.
Btw...anyone else notice Anonymous selling like a drunker sailor last week effectively driving the shareprice down from $.13 to the present well before the news announcement? So much for above board selling based on knowledge not available to the common shareholder.