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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Stockcoach1on Oct 14, 2015 9:57pm
197 Views
Post# 24192374

RE:RE:RE:RE:RE:RE: What's happening? Can't ignore this action.

RE:RE:RE:RE:RE:RE: What's happening? Can't ignore this action.
Well today's bounce may have not been significant, but statisticaly, today showed a break in the cycle. In the past weeks we had 4 or 5 down days for one or two up. Now it's one up, one down, one up. This kind of action may signal a change in the tide, where you have one party get on the other side of the trade and others start to scramble to follow. With the acquisition deadline approaching and expected to be completed as planed the shorting or selling benefits start to get riskier. This may finally bring an end to this madness. I for one would rather not see the thirties ever again.
 

Craigbad wrote: Somebody's determined to run this down with a vengeance, run it down 11% and let it bounce 3%. Whoever is doing this has some serious cash, staring to wonder if taking a position at $35 will even be safe.

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