Nov. 12 at 9:14 PM
$CTXR I have been in and out on this stock many times.
I have always seen the value in ML.
The worsth possible outcome I concluded last time I entered was that Mazur would turn CTXR to a holding company(as applebat suggested).
Looking at it back then the risk was there but not that high in my opinion and we had the arbitrage and CTOR was trading @ 4-5?
But after hearing the confirmation about trying to sell only the main asset(ML) closed the door for me.
For people that dont know the difference, Mazur himself will choose when or if he ever will give out the money they would get if they even are able to sell it.
Compared to someone buying CTXR and investors get paid instant.
He could sit with ML money and CTOR shares to save it for his kids for all we know.
Are you who invest here prepared to hold until Mazur die?
He missed the distribution window to get it tax free which was the first clue.
Second is selling ML.
Third is the change of tone in distribution from him.
