CRX is fighting back from this short attack - keep calm Five ways companies can combat short sellers
Make a solid acquisition
Institute a Dutch auction buyback
Increase your dividend
Simply put up the goods with solid earnings
Get taken over, or put yourself up for sale
CRX has so far achieved three of the above five so hang in there!
More information:
https://business.financialpost.com/investing/five-ways-companies-can-combat-short-sellers
Without regulation of short sellers, investors are left making assumptions
This is a good article explaining what is going on with the CXR stock right now.
More information:
https://www.theglobeandmail.com/report-on-business/rob-commentary/without-regulating-short-sellers-investors-are-left-making-assumptions/article29424777/ For those of you saying CRX is not doing anything, they are doing what they can to defend themselves against this short attack. Other companies have done just that and survived. I also own DH stock and the same happended to them last year:
https://business.financialpost.com/investing/trading-desk/fighting-back-against-dh-corp-short-sellers
Eventually the risk for CRX stock will be too much for the shorts and they will move on to their next victims.
Over the last few days, RBC Capital Markets and TD Securities have both said this stock is an outperform (buy) and buy respectively. These are post-Brexit reports.
https://www.stocktargetprices.com/company/Concordia%20Healthcare%20Corp
The shorts are clearly outnumbering the retail investors on this board at the moment spreading fear (as they are paid to do). I am not a pumper, I am simply presenting the facts.
Now watch the shorts on this board frantically post nonsense to have this post pushed down the board so newcomers won't be able to see anything but negativity. You will see when anything remotely positive is posted, the shorts quickly post to dilute the board.