Concordia Healthcare Corp. T.CXR.R

Time to buy little more shares?

[Peeta1]

I saved money for this stock and want to buy 4 times.  I bought my 25% share at $40/shares.  Should I pick my another 25% share at $34/shares?  Or this stock will hit $30/shares this week?

[dudsywow]

Each day a deal is not announced this will trend lower.  So, if you are lucky/smart enough to know when that date is (if they even announce one), then good on you. It's also trading down as people realize the mini Valeant really is a mini Valeant.

[WillyWally]

You still believe in that fairytale of a deal? There won't be a deal because current price is too low for any meaningful offer that would be accepted by the board. Smart money shorts and longs are just toying with the stock right now. The company will have to move on and prove that it's great value with great quaterly results. This will move the price up, but it will take time. Meanwhile

[Craigbad]

Watch the $30 range and make sure it holds, sometimes it is better to wait and buy when it turns around rather than guess at a bottom. There is no solid support level below thirty other than a consolidation period in the teens on the weekly chart. No big buyers after the Agm shows there may be a lack of confidence in management.  People laughed at Andrew Left and his price target of $50 for

[Peeta1]

Thanks for the response.  I not in hurry to buy more but wanted somebody else opinion.  2 brains always better than 1 brain.  Thanks again