Post by
fundtrader on Oct 25, 2016 5:34pm
Volatility will remain till mid nov early december...
Another 4 weeks max before shares recover big time..Everyone knows about uk issues..nothing new here..Cma investigates everybody all the time..Most price increases were done before Cxr bought Amco..I think it will be a non issue. sorry for the longs to sell out today on this.Should have waited till Jan..Might go down a little tomorrow to pick up your shares back, but thats not a guarantee that it will happen ..At $ 3.80 there is not much downside here . Fundamentals are solid...ALmost 900 million availabe to them ( 480 cash alone) to right this ship. New CEO, New Drugs, Photofrin..etc..debt is managable and wont be suprised that we see a private equity share sell in the future to pay down additional debt.
Comment by
Juice004 on Oct 25, 2016 5:48pm
Im with you bro .:: I think selling here was a big mistake longer term. Don't let the clowns posting every few minutes scare you people into selling. Q3 is just around the corner and it may surprise people.
Comment by
Shortingtozero2 on Oct 25, 2016 5:58pm
Yes, I think you will be surprised! Baggie.
Comment by
fundtrader on Oct 25, 2016 6:03pm
i actually bought more shares on this dip at 5.15. I should have waited till tomorrow but could not pass on these cheap shares. Going to start buying a lot more soon . Thinking of selling my amazon and facebook positions and buying a lot of cxr after results.
Comment by
PROtrading on Oct 25, 2016 6:20pm
Fundtraitor, you do know you have been averaging down to the point where you've run out of money?
Comment by
fundtrader on Oct 25, 2016 6:22pm
yes running out today cause i bought many shares of twitter and fcx. I dont believe in herd mentality.
Comment by
Shortingtozero2 on Oct 25, 2016 6:33pm
After results, they will be so cheap you will be ecstatic!