Post by
smcapinvestor on Aug 02, 2016 11:39am
Do not confuse stock performance with business performance
If you think the value of a business really changes by massive amounts day by day, then sell your shares. The stock is being manipulated and attacked, clearly, but the business results will guide the direction of the stock price in the long term.
Comment by
wallop13 on Aug 02, 2016 11:52am
CXR needs to release something. This is just stupid.
Comment by
CNInvesting on Aug 02, 2016 12:07pm
Why would they Wallop ? After all they didn't say anything when the stock was dropping 20% in May, or in June, or any other period for that matter. So why now ?
Comment by
select1011 on Aug 02, 2016 11:58am
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Comment by
CNInvesting on Aug 02, 2016 12:08pm
Precisely. It was never worth 100$+. It was at that price because back then, it was happily comparing itself to Valeant, something they deny now, and hedge funds were hungry for returns and drove the price to abnormally high valuations. It was an easy-debt, financial engineering boom.
Comment by
select1011 on Aug 02, 2016 12:16pm
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