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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Lumberfeverlongon Aug 04, 2016 8:32am
314 Views
Post# 25109185

Shorts Have 5 Trading Sessions to Cover

Shorts Have 5 Trading Sessions to CoverSmart shorts have already started to cover. There is only 5 days before the company releases Q2 numbers.  Recent press release suggests they will be in line with guidance meaning the dooms day scenario the shorts have been painting is not unfolding.  There will be upward pressure on the price as institutional investors start piling in and combined with greedy shorts belatedly covering, this stick is going to shoot up like a rocket. Whatever you do, do not sell your shares until this gets back to above $50 becuase it will sooner than you think. 
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