Concordia Healthcare Corp. T.CXR.R

Need More on IBB

[zone1]

Could someone please elaborate  on IBB again!  Lol! Enough already.  I think the overall market will have a bigger influence on CXR.  Can't keep a good stock down though.

[fdfd12]

IBB is like an ETF of 192 different Pharma stocks. CXR is on of them. Below is all 192. What I am saying is what no one is agreeing with. That is, All these stocks work as a time. Roughly, and very roughly, they all move up and down, during the day, at the same time. When it is time to move up, one may move up about 10 cents while the other may move up about 50 cents in the same time frame. What

[Pj1958]

With all due respect I don't agree at all... Otherwise why not just buy the IBB. during the last few years there were health companies that did 1000% and  some did 200% , some did 50% and some lost in that same period. You will always have out performers and under performers , we hope CXR will be the out performer even if the IBB sector is down. Earnings and paying off the debt will drive

[argentia77]

Or maybe he's just arguing some kind of probability relationship between the movement of CXR and the IBB.  As in, if you randomly picked a stock from the IBB it would be more likely correlated with IBB strength or weakness than not be correlated. TA logic, I guess.  What that doesn't take into account is the potential of individual companies based on their fundamental strength or