Concordia Healthcare Corp. T.CXR.R

When do you guys think we should get out?!

[Dasani20]

I am holding on but I would rather cut my losses then go down with the ship!

[fdfd12]

I said it many times. Sell half at $30 and the other half at $25

[terminator007]

haha, every1 bought in the low 30s, why hurry to sell? Shorts seem to be desperate and suggesting each other to sell. LMAO

[fdfd12]

If you are talking about me being a short, you are DEAD wrong. Those prices are what pros call and amateurs have never heard of. I will introduce the term to you. It is called STOP LOSSES. You sell half at $30 and the other half at $25 should the stock, for some reason, dive to the teens. These are EMERGENCY exits. Once you go out, you can always go back in 5 minutes later. It is not a permanent

[terminator007]

well said, fd. Is this the only term you know about buy/sell order? I hope not. Why are you suggesting to sell @30? SP is sitting at recent lows and you tell to sell. You are DEAD short, if this is the case.

[WillyWally]

Were you replying to FD? I ignored this guy a while ago so I can't see his posts (thank Goodness) but yes don't you love that type of nonsense? In the past few months If you'd had sold everytime it dropped to 30 from 40 you'd have missed a nice bounce back. I'd love to have one of his crystal balls though, good fun for parties.

[fdfd12]

You seel if it doesn't hold the low of $30. Sell if it breaks it. Then sell other if it breaks the low of $25.04. Once these levels are broken, there are computer algos by hedge funds that have already been programmed to sell at those prices. And sell BIG. I can see that all you guys are thinking is CXR will go up. BUT the big money is selling these days. What makes yousmarter than those guys

[sunshine7]

Stop losses are the shorties best friend. Seen it many times with a manipulated share price. They see a pile of cheap shares and its like flies on SH!t.

[fdfd12]

Stop losses are the shorties??? Sunny please... I rememeber I owned Timminco in 2008. I had bought it at $3. Went up to $35. Stock started to stall. I said breaks $30 sell half and breaks $25 sell other half. This is an emergency exit. I POSTED THIS ON their BULLETIN BOARD. They all laughed at me like you guys are. Well it hit $30 and $25 and $0. You guys know how to play offense but not

[sunshine7]

FD, setting a stop loss is just an incentive for the short interests to 'manage' the price to trigger like a snowball becomes an avalanche. Stop loss trigger does not guarantee a sell at that price, but rather a market order to sell, which in an avalanche can mean lower. Look what happened last Thursday. Made it look like capitulation. Stop losses + fear + profit taking = down hard. Yes

[fdfd12]

Sunny I agree with you on the avalanche part. What I mean by stop losses is once it hits $30, then sell manually. Have a mental stop loss, not one that is in the system.

[pineapple1]

This post has been removed in accordance with Community Policy

[Marcel7]

I agree with Sunshine here, I think in some cases stop losses may make sense, but you do not want to be knocked out by artificial volatility, and often a stop loss is the best way to guarantee that you get out at the bottom if not used properly. If you want to manage your risk there are better ways than stop losses. One of the biggest knocks against a stop loss is that it gives you zero protection

[WillyWally]

Yes exactly. I used to use stop losses to protect my trades but I stopped when I found out it was abvious my stops were being monitored on level 2 by "robots". Now I use stop losses only to protect profits, raising the limit as the stock goes up in price. But as you're saying, it still doesn't protect you against news in pre-market or after-hours.

[terminator007]

why don't you just sell, there are many buyers to snap your at this price! Stop spreding fears, paid posters.