RE:RE:RE:RE:From the globe and mail news on CXRX...Well... First of all, when they say ''year over year'' is not quite correct. these analyse are made by computer on the auto-mode.
This company only started to get down only a year and half ago. So it is not ''year over year''.
We have pretty much reached the bottom here and if the bankruptcy of this company occurs then you will have more money in your pocket then the market shares.
But they won't let it down because of that. This company is worth a lot more then the price of these shares.
If you take a look on all ''buys'' they are in green and at a much higher price. The price has been hamered meticiuously but have come to an end.
We will now float for a while in an uncertain sea but more evenly.
Patience is the vertu for any trader.
My guess is that someone is buying a lot of shares in order to make a buy out. The pattern is always the same.
Someone will make an offer and the price will jump, but it takes time because they want to buy as much possible at a low price. They are shaking down your tree.
Only the ones with good grip will be able to stay on the tree. Those who can't, will fall in the hands of the buyer.
Stay come. Be patient. And go outside to forget about your shares for a while.
I have seen storms like these and I ain't scared of this one.
Best regards to all of you,
Stephanovich