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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by YouLoseon Mar 04, 2016 8:41am
129 Views
Post# 24621099

Priced where it should be

Priced where it should beCXR is priced exactly where it should be at the moment. Do not listen to the shameless pumpers. They talk as if this stock is just going to go up, up, up and never look back. Well here are a few words to remember... there is no such thing as a sure thing... and of course, money doesn't grow on trees. If this was going to 75 US in a few months or a year don't you think hedge funds and big banks would be pouring money in here? 2.5 x their money in a few months that's a pretty good return! But they are NOT. The price of something is exactly was someone is willing to pay for it. It is a better predictor than some analyst paid to con people into buying stocks. Also, if it is priced at 40 and has a 50 % chance of going to 100, then it also has a 50% chance of going to 16. That's simple math. So you can talk about up, up, up... but you should also talk about the risk which is not imaginary
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