Concordia Healthcare Corp. T.CXR.R

Bit more consoladation possible in the health sector

[bullchart]

Then even another flush before a nice run. Either way it will pay to be ready because I think the upside will take a lot of traders by surprise. look what's happening today. Here we have the Dow almost at the 18,000 level again, Brent running past $50 again, and gold looking like it wants to test the 1100 again. $36-$37 was the area this fell out of bed into the $25 area and then quickly bounced out of there. I really do not expect much below this 36 $37Area unless like I said earlier we get a flash where all of the stops get hit. That just might be the real signal. keep in mind that $25 area to me was flush out with bottom volume. They don't come along very often. NHC halted on a blog post.I think that should happen more often and these guys giving false information should get hammered.

The market is doing crazy things. Gold drops $40-$50 an ounce and most of the miners  are staying up very high.

[sunshine7]

Having a stop-loss on CXR is plain stupid. Just feeding the wolves.

[steeeven]

It feels like there is an infinite number of shares for sale. I am way long this one,but finally sold a few of my shares today. I hated to do it, and I still have 90% of my position, but these damned sellers are so persistent. If they knock it lower I need some buying power.  So frustrating.

[sunshine7]

You sold some shares today? Why would you encourage (feed) the shorts? Turn off the computer and come back in a few weeks. All will be well IMO.

[ruben12345]

indeed a stupid move. Exactly what the shorters are after 

[pineapple1]

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