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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Hockeyzon Sep 14, 2016 10:54pm
99 Views
Post# 25238881

RE:RE:RE:RE:RE:Serious questions about holding this!

RE:RE:RE:RE:RE:Serious questions about holding this!I do not agree with you as the risk/reward in CXR is much better now that it is down more than 90%.  To me the downside could be 30-40% but the upside could be 200% plus.  That seems like a pretty good risk/reward scenerio.  Also, I do not believe that the strong bulls have moved on.  In fact, I believe that the general public (ie. the weak shareholders) has moved on.  It was wildly over-owned at $100 and $70 and $40, etc. as most BNN pundits touted the company.  Now that no BNN pundits would buy the shares, the public is long gone.  The strong bulls and institutions (ie. the strong hands) though are the ones now holding the stock. And now with the start of the bottoming process and the starting of the change in technicals, combined with the enormous short interest, it makes for interesting times if there is even a hint of good news.  IMO that is.
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