RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Rebuying sub $29sBaytex, Teck and other commodity companies were trading like bankrupt back in February. If anyone bought them I'm Feb they made 4+ baggers.. only a DB would say lower share price means bankruptcy. Longboarder, don't waste your time with non sense :-) CB
Longboarder wrote: fdfd12,
I've been watching this board for quite some time and generally I try to keep quiet and avoid calling out other posters. However, two things you have said over and over again are starting to get to me and I would like you to provide further rationale:
1) How will CXR go bankrupt if sp hits $25. You have said this is as it is a fact. So what about the $25 target is so absolutley devastating that it will bankrupt the company? Will CXR's drug portfiolio magicaly disapear and their cash flow will cease to exist? Or will Cohodes attack the CXR headquarters with his hoard of chickens? Please explain
2) Do you actually beleive that the political nonsense regarding pricing will cut CXR's earnings from $6.50 to $3.00, a more than 50% drop? I have personally never heard of drug pricing legislation that can be that devastating, so please provide some intelligent rationale for this claim. And for everyone's sake don't use the Big Mac example, comparing burgers and drugs is quite possible the worst analogy you can make.