Concordia Healthcare Corp. T.CXR.R

Hoping for more xmas shopping...

[WillyWally]

I personnally hope the shorts are not done with this stock as I've got some more dry powder I'd like to add at decrements of $1. We could well revisit 52 weeks low which would give us a chance to buy at under CAD$25 but I think the odds for that are very low, especially if Q1 numbers are OK.

[Roller007]

Willy: huge support at 30 brother. It's going to take a true Scandle (?not a lattice one) to bring Cxr into the 20s.  

[WillyWally]

Believe me, nothing is impossible. When I saw my Yamana dip under $2 a few months ago I thought I had been drugged or something. When I usually buy a stock in a downtrend I try to tell myself: "Imagine a low price that you think can never be reached, and plan for it". 

[Roller007]

Willy:  I lost lots of money in yamana ended up selling in January around $3 after three years of buying and averaging down.  It's almost at freakin $7 today.  I'm not going to make that mistake here with Cxr, to +80 or to zero, I deleted the sell button on my computer. 

[WillyWally]

Yamana is @ 5.75 today. Well, I had to be patient on that one. More than 12 months ago I bought Yamana @ 4.75, and saw it lose more than 60% of value... When it came back to $5, I had to be darn patient and finally sold @ $6 for a 30% profit. Unbelievable thought, I thought that one was going in the dumpster.  So yes, you can gamble around and get lucky but after a while I just decided that

[greenpasture]

I think we all have been in that same boat at one time or another. It seems the pros know just how long one has to be patient. They keep running something down until we are tired of holding it and just give up. I suspect the next move up on the Dow, will include the health sector which has been held down and broken major supports. Cxr will have days like vrx has had today. We saw what can happen