RE:RE:RE:RE:RE:Short thesisHaha, so the SP had 20% move intra-day and it is not a dangerous short. Which world are you from, Willy? Please go back there, rather than encouraging innocent traders to short here at recent lows.
WillyWally wrote: The thing with CXR (and VRX) is that's it's not a very dangerous short. It's not as if you were shorting a penny stock or biochemical R&D company that could jump 1000% in one day. I personally believe the odds of CXR reaching $45-$60 in the next 12 months are very high, but for shorts that started shorting above $40 it's not a major loss.
So I agree that you need to be brave to be a short (I would never and will never short any stock) but CXR is not the most risky short right now.
I still think you'll get your arrrse handed to you my friend Lattice ;-)
Lattice wrote: CN, I would say that the people on this board should worry less about what "the shorts" are doing and more about what management is doing. I say they should run their business hard and not chase after chicken farmers. The short interest is uunflinching with a timeframe of 6-12 months. If you think that seeing a bounce in the last week of May means they should run for cover then you do not see things through the same prism or understand the courage and conviction it takes to be short. If by some miracle that Thompson manages to sell the company (and I don't believe it, but miracles do happen) then they will be wrong. And you will be right. glta.