Post by
TheRock07 on May 09, 2016 10:46am
Major Bull Market For Pharmas Starting
The worst of the short and distort efforts of US hedge funds ios now over.
This is the largest business in the US and the world, accounting for 33 % of the US economy.
And, sustained long term growth.
You cannot afford not to be invested in it.
Right now, most of these distorted shorted are trading at just 25 % of recent highs.
Nothing really has changed.
Unlike oil, the market outlook remains bullish.
Look around you.
All of the pharmas are up today.
Its the incipience of the next bull market in Pharmas.
Get aboard.
You may make tons of money and quickly if CXR is taken out in the very near future.
Full update on Friday and maybe a share buyback..
Comment by
fdfd12 on May 09, 2016 10:49am
Rock can I also see your crystal ball? (credit given to STOCKCOACH). I hope you are right
Comment by
sunshine7 on May 09, 2016 10:58am
Share buyback??? I am very supportive of CXR long but really? This has never been suggested by CXR nor most posters. Buybacks are for companies with nothing constructive to do with their money. CXR is building the cash pile for earn out payment later this year and potential tuck in product opportunity.
Comment by
sunshine7 on May 09, 2016 1:05pm
I saw AVO CEO institute a share BB a while back when the shorts were piling on and it did not help. I do not know when they triggered the share purchases, but the SP is really not much different many months (year) later. Market makers cycled that one between $11-15 many times while the fundamentals were unchanged.
Comment by
HamSandwich on May 09, 2016 11:54pm
This guy man. This fng guy. Lets be real here. CXR is up to its t1ts in debt. 99% of the people on this board are way underwater (me included). And you're advocating a company that's swimming in debt to go buy back stock? Are you serious brah? Every dollar of cashflow needs to go into relieving the debt burden.