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Strategies & Market Trends : Dino's Bar & Grill
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To: Cogito Ergo Sum who wrote (4419)1/21/2014 7:24:08 PM
From: BoolishRead Replies (1) of 202721
 
CXB....doubled up 3.5. Spoke to IR...their largest insto holder has 10 million shares. Anon sold almost exactly 10 mill today and then stopped....best guess is the seller is ghandi. Should catch a bounce from here.

Besides that they have 1.1 million in bank....75k a month burn rate...so cash should last a year +. They fully expect BTO to invest their $ obligation this year and are partnering off the 100% prop.

This is just a bottom feed. I have no further intel other that what I've read in their corporate presentations.
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