Post by
Nossy45 on Oct 18, 2016 4:46pm
Potential Trading Play
Shorting at this point wouldn't be particularly rewarding. Expect some buying in the next few days. The company won't go under, and is probably going to get more buzz towards the earnings.
However, with a share price of $6 and a bad ER I could see CXR going to $2.50 USD which is around $3-4 CAD.
That being said, it's just really not rewarding to short here ... but in a few weeks probably will be very lucrative.
Also, This board is riduculous
Comment by
Marky1 on Oct 18, 2016 5:11pm
Lol Nossy...That's why almost everyone here is on iggy....
Comment by
Nossy45 on Oct 18, 2016 6:36pm
I'm talking about it going up .10 - 25 cents buddy.
Comment by
PROtrading on Oct 18, 2016 6:41pm
Ah!!! Just that? I was hoping for a pop of a few dollars! The delta of 25 cents is no big deal. That's what it did today!