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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > This is my third attempt at making 30% return in a week.
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Post by Rawcolt on Jun 10, 2016 9:44am

This is my third attempt at making 30% return in a week.

This stock has been great for me. I just wait and buy at just over $30 and then sell a week or two later for over $40.  This will be my third time doing this trade.  Love it... It hasen't technically broken support of around $29.00 so I will keep doing this trade every time.
Comment by WillyWally on Jun 10, 2016 10:03am
I'm in the same boat, although I didn't manage to make 30% in the last run because I sold way too early. I'm in @ around ~32 and my last order @ 30 barely didn't go through this morning, still hoping it can execute today...
Comment by Craigbad on Jun 10, 2016 10:14am
Huge flight to safety right now. Was checking the bond charts. Major breakout on long and short term charts. Usually period of seasonal strength for healthcare, but trade isn't working this year. Must be due to brexit and US election. Gold miners just broke resistance too, people must be expecting armageddon. 
Comment by WillyWally on Jun 10, 2016 10:22am
I can tell you one thing. I see the fact that CXRX is only down 2% when the indexes are down 1%+ is actually as a sign of strength. A stock with so much negativity would normally crash 5%+ when indexes are crashing. But the day is young...
Comment by WillyWally on Jun 10, 2016 3:52pm
Ah well, I just added my last batch @ $30.35, I've been chasing $30 all day but it never triggered. Now I've got my 1000 shares and I'll join the club of bagholders ;-) Let's see if the shorts will be able to bring this below 52-weeks low of $25...
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