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

TSX:CXR.R - Post Discussion

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Post by Marcel7 on Jan 18, 2016 4:00pm

Tomorrow

If the US market doesn't dive tomorrow (futures have been relatively stable), then I would expect CXR to move up.

VRX is rallying at the end of the day to close up.

I think with CXR you have some investors playing wait and see. I think you have seen a lot of weaker hands worried about another market route next week sell, and hope to buy back cheaper, or if things stabilize or they see momentum sift.

I guess we will see what happens tomorrow.

GLTA

Marcel
Comment by argentia77 on Jan 18, 2016 4:33pm
Or maybe it's simply a matter of a lot of people saw the value in Concordia particularly after the plunge in September, so they bought heavily expecting it to quickly recover and go back to $75-$100 levels of last year. The sp did start to recover nicely but then it stalled at just under $60.  And since then it's been in almost a continuous downhill trend for the last 3 weeks. People ...more  
Comment by select1011 on Jan 18, 2016 4:40pm
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Comment by DeltaVega on Jan 18, 2016 5:47pm
Hey Guys. Thanks for thoughful insight. I ran out of patience and sold half of my holdings in CXR. My gut could not hold it anymore. Sorry. I will be back when the markets settle down as its not fun anymore. GT
Comment by notwrong on Jan 19, 2016 11:44am
This post has been removed in accordance with Community Policy
Comment by notwrong on Jan 19, 2016 11:54am
This post has been removed in accordance with Community Policy
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