Post by
Roller007 on May 09, 2016 1:11pm
30?
Never never after the buyout talks came out I thought we would trade to 30 in two weeks. What a $hit show. In 20 years of playing the market I've never seen anything like this. Two and only two scenarios are plausible: 1- shorts who keep pushing the down know something that leaked out during the buyout talks and that is illegal. 2- shorts are a blind herd following the market trend.
its starting to look like many know for certain that no takeover is happening and thus piling up even more shorts or selling out. Either way this like I said is a big smelly $hit show.
Comment by
sunshine7 on May 09, 2016 1:16pm
Hang in there Roller. Remember Buffet rules... buy when others are fearful and look for fundamentally sound companies that are at low valuations due to things not related to the business itself (or something like that:).
Comment by
Craigbad on May 09, 2016 2:12pm
Buffet also said companies like Valeant are sesspools and people who invest in them deserve what they get. I think that may have lead to sector weakness as well. We keep getting metioned alongside Valeant rightly or wrongly. Maybe Buffet was right.
Comment by
relaxxxxxxo66 on May 09, 2016 2:20pm
BUFFET is full os SH---------T !
Comment by
WillyWally on May 09, 2016 1:16pm
That's what happens when you believe in fairy tales.
Comment by
Roller007 on May 09, 2016 1:27pm
Not easy to keep the faith when m down close to a million and the market is telling me through the share price behaviour that we will be at $25 very soon. Something is gotta give.
Comment by
PROtrading on May 09, 2016 1:46pm
Two things "give" here. Clueless investors who don't know how traders work and shorties who know they've driven this down too low.
Comment by
sunshine7 on May 09, 2016 1:55pm
Paper losses only. Real losses are when you sell. Future is bright for CXR IMO.
Comment by
fdfd12 on May 09, 2016 2:01pm
No such thing as paper losses. When you buy at 50 and it is 30 no, these are real losses. Who agrees with me?
Comment by
relaxxxxxxo66 on May 09, 2016 2:22pm
AT least you got the right atitude!
Comment by
Trytobelong on May 09, 2016 2:59pm
excuse me but down near 1 million with one stock... hummmmmm... maybe too heavy in the same stock !!!! It's not investing but gambling... As been said, keep your faith, this company worth a lot more than 30 $ !
Comment by
fdfd12 on May 09, 2016 3:02pm
If you have that much in CXR, what does your other stocks in your portfolio look like.
Comment by
Roller007 on May 09, 2016 3:09pm
Fdfd: I don't have much left. Only crumbs. Cxr SP not trading to what the story is or fundemantels so I keep buying. Just picked up more now. I will keep buying in increments of $2 drops from now on unless there is fraud of a guidance miss.
Comment by
fdfd12 on May 09, 2016 3:11pm
You only have CXR? Have you seen ENDP. That is more undervalued than CXR. If that goes down, why cant't CXR? You now have 20,000 of CXR???
Comment by
visionaryfool on May 09, 2016 3:14pm
ENDP has a significantly higher debt load (~$8.0B I believe). ENDP is a significantly higher risk than CXR IMO.
Comment by
fdfd12 on May 09, 2016 3:15pm
Let's hope the market sees it that way too.
Comment by
Roller007 on May 09, 2016 3:22pm
Fdfd: based on the current share price the market is pricing in Armageddon. Soon maybe even I can buy Cxr. Lol.
Comment by
Roller007 on May 09, 2016 3:04pm
Screw it, picked up another 5000 shares 30 and sub 30. Like I said before if I'm going down in going to go down hard.
Comment by
Lesalpes29 on May 09, 2016 3:08pm
You are a Real believer. I love it. I wish you good luck, hope you are going to make a bunch of money.
Comment by
fdfd12 on May 09, 2016 3:09pm
CXR makes what % of your porto?