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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Scruggstyleon Oct 28, 2015 9:16pm
286 Views
Post# 24237205

RE:RE:The little known hedge fund tries again

RE:RE:The little known hedge fund tries againToo funny.  I have been a buy 'n hold, growthy dividend seeker.  Recently started trading Concordia, until I realized that we were in the middle of a short attack.  I had been noticing some peristant selling at below the bid price, which had me scratching my head.  Anyways, I made a decision to go long and picked up 5,000 shares between $30 and $35.  I ran myself out of $, except for about $30k that I was toying with the idea of buying some April options with.  I heard mention on BNN that DH was being attacked and decided to pick up some of their shares, instead.  I had been following that stock for awhile, but always thought that it was fairly priced.  Ended up with 1,000 shares this week at $30.  I've gone from being pissed at the shorters for upsetting my daily trading pattern, to now thinking that they've done me a favour.  Maybe we can all share our knowledge of good companies being unfairly shorted, as soon as we learn of same.  Of course, we must always do our own due diligence, before pulling the trigger.  
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