I do wish you luck on this stock, but please keep it to the CMXI board. If you want My_Honest's opinion, ask him for his email, and ask him that way. Let's keep this on Questcor. Also, you could invite him over to that message board. TIA!
nothing but incorrect statements here. as long as people post them, I'll respond. I have no losses on CMXI. In a big paper profit. CMXI management is very judicious on their cash. Chairman owns nearly 8M shares. Do your due diligence and you will see what I'm talking about.
My theory: regular investors do not have any control anymore at all as this stock has taken over by the big player in meantime. Furthermore, I would not be surprised if the CFO (always smart guys) is involved in this gambling as a part of their business strategy (e.g. more attractive stock option grants). There is awful lot of money involved, either by shortening or selling this stuff. They will aways make profits, either way. And these guys have tools in place to play around with the stock price as they need it. Events like "Citron report" imho are just created to find an excuse and to hide the reason behind the behavior of this stock. Therefore, I lost my confidence and sold already 2/3 of my long position (at around USD 58,-- as my long qcor experience indicated to me something is wrong). Next days the stock went down...
It jumped right back into the IBD top 50 after getting knocked out. I consider any type of attention and articles that are positive getting attention. Not a lot of people follow Citron seriously, but he can sure wipe out a stock when he gets his claws into it. I'm sure Seeking Alpha has a following as well that reads their articles and then considers investing in stocks. Regardless, whenever QCOR starts to get positive attention it seems to go south. I'm wondering why that is and if anyone has insight.