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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by JAInvestoron Mar 25, 2016 12:03pm
164 Views
Post# 24700695

RE:SHORT INTEREST NEWS

RE:SHORT INTEREST NEWS
Many contrarian investors (myelf included) use short interest as a tool to determine the direction of the market. The rationale is that if everyone is selling, then the stock is already at its low and can only move up. Thus, contrarians feel that a high short-interest ratio is bullish - because eventually there will be significant upward pressure on the stock's price as short sellers cover their short positions (i.e. buy back the stocks they borrowed to return to the lender).
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