In a small way it is nice to see a large company suffering to the exact same degree as the micro cap company I've been buying for the last 4 days.
At least in my case I have a pretty darn good chance of it bouncing back quickly, as there isn't a heck of a lot of downside risk. I've basically been buying cash at a discount while people panic and sell everything.
CXR still has some risk with all of the debt, but I still love the upside potential. I think I'll be back into it very soon, assuming it keeps falling at this pace.
GLTA CXR longs.
PS, FWIW, the cash at a discount co I've been loading up on is
EUO. Do some DD on it and I'm sure you'll agree about the downside and upside potential.