Post by
Studley on Jan 09, 2022 8:23am
Tight hole....
There are way too many industry executives Worldwide involved in CGX for info to remain sealed . Shorters generally have specific info that is not public that make them comfortible being short . Since the last update , the shorters were successful in driving the price down to $ .69 .
Then , something happened ! I'm guessing they got specific info that caused them to cover .
Bad news could not be kept secret given how many are interested in this well . Maybe this is the week we get confirmation .
Comment by
SportyJ on Jan 09, 2022 10:19am
Studley, I'm confused by your reference to "non public" info. Are you talking the Raj Rajaratnam type or the Michael Burry type? One was illegal and the the other legal.
Comment by
IceDog13 on Jan 10, 2022 11:36am
This hole is not tight at all!!! IMO info is leaked and I am convinced they hit something. The press release from a couple of weeks ago basicly stated they are behind schedule, over budget and out of money. With a stock pricing dipping below $1.00 it should have tanked from there. It did the opposite and took off. IMHO, people in the know are buying this up. Tight hole? I think not!