RE:RE:RE:RE:long shareholdersI must disagree with you. What you are suggesting makes absolutely no sense. take MT who I believe still hold 1.6 million shares. Those shares, combined with the ones he was forced to sell, were worth over $200 million a year ago. He purchased most of those shares on margin meaning as the price went down and he was forced to sell, he was left with the debt and no way to recoup on a recovery. Your theory would imply that certain hedge funds and banks would cover those losses just to make money shorting and compensate him handsomely enough for it to make sense to him as well. How much do you think that would be? By my calculations, that number would have to be well north of $100 million to make sense to MT. What you are alleging would be one of the biggest financial frauds of the century so far and the players who would be involved would be some of the leading and most respected financial institutions in the world. I'm sticking with my view which is this is a well-orchestrated short attack by one or more very unscrupulous hedge funds. That is all it is and we will all know in due time. That is not to say management screwed up on a number of fronts. It did and maybe MT should resign soon for the good of the company and all shareholders, but the screw ups don't warrant this valuation or downward volatility. I can't predict bottoms or highs like most, but I have a very strong belief the bottom is much closer than the next 52 week or even two month high.
quote=Letzmakemoney22]Lumber; I must disagree with you. The so called paid bashers on this board had this company's issues pegged way before the best fund managers and many retail investors knew the extent of the corruption and manipulation issues within Cxr. I do believe that the shorts were well equipped with the very damaging info from the real insiders of Cxr and not just from reasesrch and DD only. Yes it's manipulation but it's not fabricated manipulations. The short thesis is bang on so far, I truly believe management was part of it along with all the phantom immenant buyout deals and financing stories. Yes I'm saying that for whatever reason MT and management conspired along the shorts ( major US hedge fund and a bank) to maximize their profit on the way down. Lattice and her sources are well equipped with real damaging info that can only be leaked and hinted to in a non incriminating manner through sarcasm and bashing. If you pay attention to the SP last week you will know that Cxr is on its way to another crash very very soon, whether it will the last of many remains to be seen as many are trying to catch the bounce that is never coming. The puzzling silence of the many public figures supporting Cxr business model merely three month back is clear indication of the fradulant forces in play. [/quote]