Comment by
fdfd12 on Oct 26, 2015 10:54am
CXR did $13 in 2 days which is over 40%. Needs to rest a bit before moving up.
Comment by
TheShepherd on Oct 26, 2015 10:57am
Yes. CXR is up 40% in 2 days, some people are just taking their $ this morning, this is not shorts work. Chill out. It's just taking a rest before going back up. Guidance was good.
Comment by
RusticHit on Oct 26, 2015 10:57am
Ya seems like that Vrx up and this is down ,if markets sold off it will go south for sure trading range 30-47 for now
Comment by
JustforFun7 on Oct 26, 2015 10:57am
It's pretty clear what the solution to the high debt will be. They will wait for the share price to rise to beter valuations and then float some more shares to pay down some debt and improve debt ratios. The question is how hogh will the market let the share price go to before it stalls and they issue shares at that level. JFF7
Comment by
JustforFun7 on Oct 26, 2015 11:07am
they raised money for the purchase at 65 USD or 86 Cdn. so there should be good upside from here before they raise more capital to pay down debt (again this is only my theory, nothng said by the company at this point). JFF7