RE:RE:RE:RE:Earnings Estimates Moving UPMy friend Stockcoach. One thing I've learned through the years is when you think a stock "already crashed enough", it still sadly has much more room to crash. Heck, CXR was $25 a few months ago, so imagining CXR @ $20 is plausible if the market still gets pounded with negative news for another year. But if you don't want to hope for the best and plan for the worse, that's your call. After seeing Yamana go down to $1.75 last year or MUX under $1 I am convinced nothing is impossible, even though it's all temporary most of the time.
Stockcoach1 wrote:
WillyWonka ; what part of - The stock has already crashed don't you understand?
As the guy on BNN just said " if your local box store had a 50% sale, you'd be burning rubber to get there to load up. But when a good stock is on 50% sale, everyone is hesitant.
Well CXR is on a fire sale at 75% discount. Do you really think that this is a bankruptcy sale by the creditors?