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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Mar 09, 2016 8:48pm
123 Views
Post# 24641609

RE:RE:RE:CXRX - Short interest as of Feb.29th virtually unchanged

RE:RE:RE:CXRX - Short interest as of Feb.29th virtually unchangedcorrect, 10 trading days. Thinking that maybe most of these shorts are just hedged against a long position and many may wait until earnings are released. Nothing gained and nothing lost - just assurance of future direction. Unhedged longs like many of us retail have confidence that CXR will surprise to the up side as evidenced by the confidence expressed by CXR execs during the last RBC investor conference. IMO, the unhedged shorts are most at risk and may be covering now. For them, days of trading to cover may be adequate. Seems quiet her today... hmmm.
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