RE:RE:CRX has become a target of short-sellers inc. Marc Cohodeslnvestor198 - haha, I didn't like that headline or closing sentence either, but let's face it, when a stock is under attack by short-sellers, there is no question at all it is a volatile stock which, for a conservative investor, would be just too much for them and place doubt in their minds. So yes, a tough pill to swallow, but I have swallowed it and still in for the ride!
This sentence in the article goes to show Cohodes has no facts to back up his fearmongering:
When asked about the details of his short thesis, though, his answer is vague: “People’s eyes will start to glaze over if you push that too much.”
I don't think this article will result in more Cohodes followers; would you follow someone with no facts and who only responds with vague arguments? If pushed on social networking, he is known just to block your account and ignore instead of having an open discussion. An open discussion with him leads to us seeing the cracks in his theories. Investors don't like any uncertainty, especially in the pharma sector and he is cashing in on this big time.
Let's see what the next few weeks brings - more volitility no doubt.
lnvestor198 wrote: TOMMY, ???? Saying business model is in doubt and Concordia is a tough pill to swallow is not optimistic. Thought you were a bull on this bull board, why you post something to just get more followers for Cohodes?