Comment by
zone1 on Dec 23, 2015 3:20pm
I would not want to be out of this stock going into the new year with February 11 fast approaching. Should see some good number reported in the next quarter. Ho Ho way to go CXR and a Merry Christmas to all! Keep the Faith!
Comment by
sunshine7 on Dec 23, 2015 3:36pm
I would like to see a re-affirmation or upward adjustment to 2016 guidance prior to Feb 11. Makes more sense to have the SP appreciate slowly rather than rocket (not complaining though LOL).
Comment by
sunshine7 on Dec 23, 2015 4:11pm
maybe some of this rally due to inclusion to biotech index effective Dec. 21?
Comment by
Scruggstyle on Dec 23, 2015 4:21pm
I know today's volume wasn't that high, but I was wondering the same thing myself.
Comment by
Bullphighter on Dec 23, 2015 5:43pm
My patience ran out, I have been trying to get in on a good price usd. The two prices are so screwed, I am at a lost for words. Long and short, Nobilis it is )) The USA volume sucks and the prices are whacked ! I really seiously do NOT think the bioindex had any bearing on the SP. Any funds, ect, already were holding. Perhaps even large. I mean why wouldn't they?
Comment by
sunshine7 on Dec 23, 2015 6:18pm
" I mean why wouldn't they?" ... I don't think they are obliged to buy in on day one but will phase in over a period of time to prevent run up. However, it is well documented that the addition to an index has a positive effect on SP. Read: https://www.nber.org/digest/nov13/w19290.html for more information.
Comment by
sunshine7 on Dec 23, 2015 6:28pm
Why wouldn't they? Good question. According to the Nasdaq, 40% holders are institutional for CXR(X). The odd thing is that Cinven holds around 15% but not considered institution I think. Also, CEO likely owns as many shares as the top institutions listed. https://www.nasdaq.com/symbol/cxrx/ownership-summary