Concordia Healthcare Corp. T.CXR.R

Stop losses kicking in...

[TOMMY1]

This is why I don't have stop losses set for this stock at these levels. The shorts have more sophiscated systems than the retail investor and they can see where these stop losses kick in and so manipulate the price by piling on in volume by borrowing stock, selling, stop losses of the average retail investor kick in causing a rapid drop then they buy the stock to cover. You will see the shorts on this board encourage you to have stop losses in place. There's no denying the shorts are doing very well at the moment with this. I am predicting there will be a rebound very soon, and when it happens, it will be explosive! It amazes me this stock has plummeted to these levels. Currently 25% down with this and now stopped averaging down for now.

[MirrorWorldMan]

I was watching the tape all day, I saw much of the usual shortie hacy sac trading and MM manipulation, but not really any significant covering IMHO.  I tried to secure purchases down in the ~24.3s near EOD but trading platform didnt let me place market order bids.  Never had that problem before..

[LatticeInExile]

This post has been removed in accordance with Community Policy

[TOMMY1]

Thanks MirrorWorldMan, wasn't able to watch too closely today but did check in throughout the day. Will be interesting what tomorrow brings. This stock has dropped a little too rapidly over the past two trading days in particular for no obvious reason so expecting a rebound. My last order fill was at $25.38 on Friday averaging me down again but that's it for me with averaging down