RE:Shorts Have 5 Trading Sessions to CoverLumberfeverlong wrote: Smart shorts have already started to cover. There is only 5 days before the company releases Q2 numbers. Recent press release suggests they will be in line with guidance meaning the dooms day scenario the shorts have been painting is not unfolding. There will be upward pressure on the price as institutional investors start piling in and combined with greedy shorts belatedly covering, this stick is going to shoot up like a rocket. Whatever you do, do not sell your shares until this gets back to above $50 becuase it will sooner than you think.
One other item to mention:
Last year, CXR did not release their Q3 2015 results until November 12, so why would anyone expect CXR to release their Q3 2016 results any sooner......?.......maybe you meant to type "
35 trading sessions".........?