RE:Go Shorts
The guys in control here aren't the shorts. It's the Notes holder!
And if I was the Notes "senior first secure lien" holder, I would let this bleed to zero (or near zero), wait for non-payment to Cinven which will generate a default right before Christmas as they miss the first payment.
Shorts on this one can't play monkeys because regulators are impartial and you can bet with the mess this has created and with the upcoming crash, forensics will play a HUGE role in finding out who are the crooks and bad market players and who aren't.
Regulators will punish all market bad actors. Or one hopes that will be the case!
Just recall why you ever invested here in the first place? Maybe many longs here were caught long because of easy money?
Was it because of easy money or deep research?
I know I was attracted to CXR because it popped up because of a spectacular decline. What fooled me was the sizable insider purchase last year. As a mostly TA trader, I pay little attention to fundamentals but man, the lesson for me as a mostly TA trader is "watch the real fundamentals".
I'm not talking about fluffy financially engineered "adjusted EBITDA" numbers... When insiders start shuffling shares like this one did, I can tell you I won't make the mistake of avoiding the horrid interface at sedi.ca to dig a LOT harder!
And just as a learning tool for other honest retail little average joes here. Watch DOL.TO that was pro pumped on SH last week. Same MO, analysts upgrades, talking heads all going "great stock" but massively overvalued with the CFO having dumped all his shares in recent months. That's another one waiting for a plumpy short attack. I'm guessing it will be another xmas present for the shorts. Not ready to short right now, it's getting "plumped up" to get nice and FAT before the attack.