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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Slinger14on Jan 27, 2016 12:24am
115 Views
Post# 24496941

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short selling could very well be the reason for 30% decline

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short selling could very well be the reason for 30% decline
cavinsin wrote: You got my support, fully, SC1, I do appreciate your hard work here. Looks like some buyers just woke- up, they didn't see value at $ 39, but they see better value at $ 41, go figure, Looks like we will be above $ 40 fdfd12, exiting...


Investors are waiting for the bottom, cavinsin.  I would like to see stability before getting back in.  I would rather forfeit a little potential upside than try to time the bottom and lose even more.  Once a bottom is confirmed and we see some support and stability, the money will come back and we will begin our ascent.  There appears to be some short-term support at $40ish.  I believe the big money managers have the same idea.
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