Swimming against the tide After a long pause and hold I started adding to my position today. I'm sitting plus 100k shares as of today and will be adding more Monday since I have enough powder for about 10k more shares. I'm declaring my position to show that I not pumping Cxr to my benefit as I Totally believe in the extreme manipulation that occurred yesterday to destroy lots of margin buying into the head wind of the buyout news. That's the only common sense theory from my experience in the markets. I'm putting more of my Money where my mouth is at and will gracefully take all the critic if Cxr is not sold as well as the financial loss. Feel free to dump on me when Cxr announces that no buyout will occur, I will take it like a man, and the opposite is true if my theory comes to fruition. I think lots of short positions closed yesterday and we are very close to the end of this gut wrenching roller coaster.
And btw there were more than three suitors in persuit of Cxr. The actual number is more than double that.