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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > IBB correlation
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Post by fdfd12 on Jan 11, 2016 12:24pm

IBB correlation

to CXR.
Ever since we went to Nasdaq, there IBB goes, CXR goes.

CXR can have earnings of $10/share each Q and it will still be stuck to IBB.
This is ridiculuos.
Comment by slightfan1 on Jan 11, 2016 6:13pm
I remember when it went into IBB I posted that it could be a double edged sword and so here we are being pained with the other side of the sword. sadly. But given it's profile, I did not see such a drop coming.
Comment by Slinger14 on Jan 12, 2016 1:47am
The whole sector is down slightfan1.  Not just CXR.  You can't attribute CXR SP decline to its addition to IBB.
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