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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Let's see if I'm a dumbass...
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Post by WillyWally on May 13, 2016 11:11am

Let's see if I'm a dumbass...

Well, I'm probably one, I sold @ 33 to trade-play this one today. I've got a good 15% profit trading this so far (was break even at 29 after my other trades) but I feel this could be that one trade too many that pushes me out of the stock, I'm really not convinced it will ever go back down. When there were rumours of buyout I was convinced it was a bull trap and made money on that but the company looks very solid after seeing Q1 results. We'll see if I can get back in at around $32 but if not good luck to all longs, I'm sure they'll make a killing on this stock.
Comment by NiteHawk on May 13, 2016 11:23am
Well, why not go from dumbass to smartass! Get back in and don't look short term. Long term this is a no brainer.
Comment by WillyWally on May 16, 2016 1:48pm
Well, I've been proven a dumbass but as they say, there's no bad profit. Congratulations to all long who stayed through the downtrend from $40. The shorts are awfully quiet today, it's a very good sign.
Comment by Pj1958 on Jun 03, 2016 2:23pm
WILLYWONKA.... Just another example of bragging about buying low and selling high , after the fact. There are many more where that came from
Comment by WillyWally on Jun 03, 2016 2:31pm
Yeah, thanks for reminding me this painful event. I sold those traders @ 33 only to see the stock go up to above 40. It never seemed to want to stop until the godsent event of yesterday. But anyway no matter what I say you'll still won't believe me and I actually understand why you wouldn't. I also hate traders who always manage to magically hit the lowest or highest of the day. But ...more  
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