I don't care what anyone says, this company is STILL "in play"....or going to be. I fully expect this stock to see $10+ again, over the next 6-9 months.
Sentiment: Strong Buy
Nice still like cgr?
Maybe Meruelo is selling into this 10%+ pop triggered by his purchases. Not a bad return for a week-long investment.
And now owns 15% of the entire company. With no poison pill, he can go AS HIGH AS HE WANTS.
And he thinks $6.20 is cheap enough to bet over three million extra bucks.