RE:Donville!!!!!I surmise he has zero shares of CXR at this point. NO mention on CXR in his july newsletter. He does however spell out the reasons that grow by acquisition companies fail and CXR ticks all of the boxes: What these pundits fail to see is that all companies can falter if they make poor capital allocation decisions, which can be broadly stated as 1) they acquire bad businesses and assets, 2) they pay too much or 3) they use too much leverage.
CXR made every mistake possible. So, NO, he doesnt still own these worthless shares and never should have gone on TV to pump CXR. He failed his investors, TV viewers and himself. A return to some humulity is in order.