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Strategies & Market Trends : Value Investing
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To: Jurgis Bekepuris who wrote (57384)9/21/2016 5:23:25 PM
From: Area51  Read Replies (1) of 78659
 
That was a nice sell of CXRX back in June over $20 as it has since collapsed to $4.60. At this point it might qualify as a value stock at less than 1 x earnings? Or has the market properly categorized it as a value trap? I was thinking it might hold 4.80 today but no luck so it is still looking for a bottom apparently.
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