Concordia Healthcare Corp. T.CXR.R

Gonna trade in the 30's today for sure Macro global sell off

[Princeps979]

Gonna trade in the 30's today for sure Macro global sell off continues no where to hide in equities

[Marcel7]

I am inclined to agree with you. Unfortunately it will likely be another ugly day today. I am curious, does anyone on here hedge their market risk exposure with CXR? I am holding 3x Inverse S & P 500 ETF to reduce the market risk on my position and have been for a couple weeks now. Unfortunately CXR has been dropping more in relation to the market than I anticipated, but still, it has

[visionaryfool]

I use options to hedge my exposure. Its not perfect as I hold a much larger postion than I hedge but whatever little bit helps during these times!

[Princeps979]

thats how you need to roll in this market insurance IE options can only provide you with a decent nights sleep GLTA

[Investor198]

This one is even worse than oil - i wonder if cxr has started selling oil 

[sunshine7]

Likely fund redemptions and margins calls exacerbated by the shorts and lack of buyers.

[JustforFun7]

a few sellers and less buyers...selling begets selling...not a time to take a position if you have not already....this will probably finish in the high 39 or low 40s but the market is not done selling off so better to wait... This is not trading on fndamentals...wasn't in the 50, the 40s, the 30s....you get the idea... JFF7

[visionaryfool]

Hahaha maybe management should look into oil if this continues.