Twisted,
As we noted elsewhere on another thread, FR are no longer part of the equity structure of CHC, they sold their whole equity stake to CD&R. The fact that 70% or thereabouts of the stock (equity) is not available to the public just makes it very volatile. Professional investors like volatile to an extent but you and I as private investors in general prefer the 'buy and hold' model.
While the price is in the toilet and in no way is CHC in good shape, now might be a good time to buy in as it's pretty much rock bottom. If the price goes down any more.... Well let's hope it doesn't.....