RE:RE:Time to Look at Concordia International (T.CXR)thedave2006 wrote: since $100 and the SP cratering, a lot of forum calls have been wrong, are you liquid enough to be right when you are right. so far, lots of false bounces as new 52 week lows are set. if one times it right for some day trading that is one thing, call an absolute bottom, so far has been quite a farce and have had many a pie inmany a face a la luckypower id(s). realistically speaking, within a few Qs, if ship is not righted in such a way to create a bottom, imho, it may be bye bye within a year.
cheers,
dave.
Excellent! As you say, this is a make or break quarter.
Like a few people on this bullboard, I was a contrarian investor, but CXR has shown me why you need to short the bad ones. Shorting at these levels is dangerous but there was no high volume on Friday. It was a surprise since the volume there appeared to be small traders speculating one way or the other?
Incredible how fast it went up and down!