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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by SpankedOnPaperon Nov 15, 2016 12:42am
474 Views
Post# 25460781

RE:What's with the uptrend?

RE:What's with the uptrend?
MustardTiger88 wrote: Trying my best to forget about this piece of $hit but couldn't help but notice the double digit gains in the last few days.  Anyone know what's going on?  Not seeing much in the way of news.

I think its another pump but I don't know for sure.   I don't "buy" the "buy out" story that is being touted here.  I think buyers have had a long enough time to assess the company.  Cohen upped his stake as of Sept 30but some have suggested its a boxed short (maybe for tax reasons?  why else would someone do that?)   but I think that no one really knows for sure.    For once, this stock is trading ABOVE three analysts targets - and one of them is RBC - so that is truly an anomaly!
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