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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > short squeeze coming in next week???
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Post by Chemdog on Aug 08, 2016 4:21pm

short squeeze coming in next week???

i am no expert by any means...but the way this has been trading the past week, it seems that the shorts are starting to cover their positions and well there will be a short squeeze coming to a theater near you....i could be wrong...but that's my guess

i bought this at $19.99 and plan to HOLD for at least 2 years....
so not worried about daily price changes but just like to watch and learn....
Comment by relaxxxxxxo66 on Aug 08, 2016 9:21pm
EVERYBODY ,has short memories , every quarterly report is good, everybody  finds out how good a stock this is , shares go up in price 3 or 4 dollars and we are happy!  Then the B.S. starts all over again! THIS IS CXR!
Comment by BaytexBull on Aug 08, 2016 10:54pm
I have memories of Q4-2015 on March 2016 and it was 13% down so not every quarterly earnings has good memories for me.   Checked if my memory was right and it opened $41.14 and closed $34.97 so hope its not a repeat of that one.    Hoping for a Q1 memories where it went up a few bucks.   Analysts will be asking some tough questions from management considering the recent ...more  
Comment by select1011 on Aug 09, 2016 8:36am
This post has been removed in accordance with Community Policy
Comment by Rodentrunner on Aug 09, 2016 8:52am
The little short fck heds are chompin at the bit here!!
Comment by Lumberfeverlong on Aug 09, 2016 8:57am
Select, you are one of the busiest posters among shorts o this board.  Management will not guide lower.  It's game over for you short Dlcks!
Comment by wordless on Aug 09, 2016 11:13am
Management will guide lower revenues second half of year, unless they have 20% organic growth the rest of the year to compensate for the lower GBP/USD fx rate it's impossible for them to meet their original USD consolidated revenue target. EBITDA will have a smaller impact but it may also be guided lower. I'm long by the way, and I believe the lower guidance is already priced into the ...more  
Comment by TOMMY1 on Aug 09, 2016 12:21pm
Spot on Wordless. As Peter Hodson recently pointed out in a BNN interview: How bad? Currently trading at 2X earnings Even if earnings miss for Q2 and you are half, you are still at 4X earnings At quarter of earnings would be 8 X earnings Video link: https://www.bnn.ca/video/peter-hodson-discusses-concordia-healthcare~923719 Whichever way you look at it, ...more  
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