Post by
Scruggstyle on Feb 12, 2016 7:26am
Fdfd12
OK fdfd12, how would you like to enter into a friendly wager to demonstrate the level of sincerity and conviction that you have towards your implied viewpoint? The viewpoint to which I refer, is that general pessimistic view that cxr's share price will do poorly over the forseeable future, that underpins most of your discussion. How about a simple wager that the share price will be at least $60 CAD by July 31, 2016? No discussion or speculation about the impact of company operating results vs. changes in the IBB or anything else is required, but rather just a statement about one's belief in the expected return on an investment in cxr between now and then. I would be willing to use a lawyer's trust account to facilitate the transaction.
Comment by
puma1 on Feb 12, 2016 7:44am
Scotia reflected on this issue with their update of VRX. They pointed out some really strong evidence to support their guidance based on script runs but said that in the end they so not see the SP reflecting the facts until 2h. I think the same inferences can be made about CRX.
Comment by
puma1 on Feb 12, 2016 11:59am
yeah fdfd - not smart enough to call a bottom, but i watch that 1,000 chart and it seemed to be gravitating there. heard an interesting one on BNN yesterday? from Francis - apparently something like 3% of the IBB makeup is trading above their 50 day ma , so the suggestion by a NY trader was that it might be a good signal of a bottom or at least a flattening out.
Comment by
1health on Feb 12, 2016 2:30pm
Keep in mind China is opening on monday, after a week. Lot of action