Concordia Healthcare Corp. T.CXR.R

Trading thoughts

[JustforFun7]

If you are trading CXR ...a case could be made that it is time to switch to VRX. If you look at a one month chart, CXR is up 15% and VRX is down 51 %.  VRX has much more room for recovery. 

The big assumption would be that VRX's sentiment problems will dissipate and that there are no serious fundamental issues other than multiple reduction from change growth by acquisiition and end of big drug price increases. VRX incease would be fulled by short covering which CXR lacks. 

JFF7

[JustforFun7]

Bingo !

[JustforFun7]

VRX running on short covering, CXR running on value recognition.  JFF7

[bullchart]

Well spoken

[JustforFun7]

Shorts  of VRX defending now and shorts retaking positions.  Stalling at this pont. We'll see if they are successful or not.  JFF7

[JustforFun7]

The VRX  intraday downturn has started. CRX to follow it down.  JFF7

[JustforFun7]

my head is spinning...no clear direction here.  upward intraday trend in  VRX reestablished.  ....looks like CXR wants another go at it.  51.22 is the high of the day.  has a ways to go before we get there. still lots of time though. JFF7

[ShortAttack]

This post has been removed in accordance with Community Policy

[JustforFun7]

nice post.  70 dollar is a good target for a month or two. I think the big move comes  when next earnings come out and the more conservative investors get a look at the company's ability to pay down debt and get a look at the profitability of the 60 new products.  Won't be a full quarter but people will get the diea and then more money will come flooding in and drive the

[sunshine7]

60 pipeline products to roll out over the coming 2-3 yrs. No near term impact on financials. Amco has many other product of immediate impact to top and bottom lines. Then there is the impact of geographic, operational synergies that are more near term gains.

[JustforFun7]

and dont forget the tug in acquisitions they will make next year. JFF7

[Itcanbe]

Actually, cxr dropped more then vrx

[JustforFun7]

yes comparison over the last month is more approriate support of my claim.  JFF7

[bullchart]

When you look at the high to the low, cxr was down a greater percentage for no reason other than some connecting them to vrx  True they have recovered part of the dump but should not have fallen in the first place. Vrx will struggle to even gain from the low that cxr has already done. A cloud of suspicion will hang over them for awhile, I suspect. My bet for a 20%-30%  gain before 2016