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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > The best health?
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Post by PROtrading on Mar 31, 2016 11:20am

The best health?

Sorry for the novice question but for the longs here, what's the best health second to CXR?

I made a lot of money trading this in the past because of the yummy volality but I also know the Nevada Turkeys and NYCokeHeads are a ferocious and greedy bunch.

Disclaimer: I bought sub $30 and sold when the charts told me to.  Right now the charts are mixed on this and VRX so I'm just watching closely. 

I'm playing the short attack cycle on a different sector for my core and traders.
Comment by Lucky27 on Mar 31, 2016 12:05pm
Would suggest Health Leaders Income Fund. HHL.UN. Has been beaten down by the shorts and pays an 8% dividend. I am an income investor and now is a great entry point. CXR ismy only position that pays lessthan 5% in dividends. DYODD
Comment by Stockcoach1 on Mar 31, 2016 12:40pm
The  i agree, and already own it. This is a great entry point. Unfortunately I got it at I think @ 10.00 as IPO. 
Comment by dudsywow on Mar 31, 2016 1:07pm
HHL.UN sells call options to boost the income.   Not necessarily a bad strategy, however, bear in mind that if your strategy is to catch a rebound in valuations, this fund will underperform because of the calls.  You'd probably be better off buying some of the top names in the fund.  If that's too much bother, you like the the additional income security with the call ...more  
Comment by Lucky27 on Mar 31, 2016 2:12pm
I started my position in January at 7.90. Hold on. Healthcare is the trade of the century. Well diversified  and it holds all the big pharma.
Comment by Stayinthegame on Mar 31, 2016 9:08pm
But HHL.UN volume is so low? Do you know why?
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