RE:Clearly Broke $3 Support; Headed to new 52-week lowTraderBen wrote: The stock has now erased the gains from Monday's press release.. still no guidance from the company
I hope Thompson will get raked over the coals tomorrow in his deposition ... sad how many bag holders this clusterfuccckk has created
I don't expect any reversals. Management has succeeded in KILLING this stock. RBC isn't even bothering to track the weekly drug scripts and it will probably be a matter of time before analysts stop covering cxrx entirely.
Without guidance no institutions are even going to look at it. Those who have been burned are unlikely to look at it again. They have serious disclosure problems !!!!! I hope Marc the chicken farmer countersues or whatever it is called and Thompson loses his lambo.