Wednesday, January 3, 2018

Why no investigation into CXR?

I bought CXR before it turned into a garbage fire due to their August 2016 QR.

In hindsight it is obvious the CEO and board members were lying to investors right up until the QR, using terms like "firing on all cylinders" literally the week before.

If you're still holding today (like me, don't ask why) then you would be down over 95% of your initial investment. Never in my worst nightmares did I think I could buy a stock and within months it would be worth 1/10th of what I paid.

How are they not being investigated for outright lying to and misleading their investors? I'm Canadian and as far as I know the OSC didn't even bat an eye.

Anyone know if there is any recourse for me? I was 28 at the time and it basically destroyed a good portion of my savings.



Submitted January 03, 2018 at 07:17PM by MustardTiger88 http://ift.tt/2lSZXa6

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