Concordia Healthcare Corp. T.CXR.R

There's only $5.15 U.S. Of downside!!!

[CookieMonster]

A

[greatplay]

You posted it as bearish, but it actually bullish; we are below bottom - $7 USD

[LaticelnExile]

This post has been removed in accordance with Community Policy

[Craigbad]

End of quarter bias for losers may be worse than expected. Even people who just bought at $10-15 in the last month aren't going to want this showing in a portfolio on top of regular house cleaning. It will be interesting to see what happens if this "cash cow" draws on its revolver before the pending storm.

[greatplay]

"Island Reversal" pattern is in process being built; $7+ is the gap-up

[greatplay]

Like this: https://en.wikipedia.org/wiki/Island_reversal

[Craigbad]

In all seriousness greatplay, just be careful on this as it won't behave like a regular stock. The debt to ebitda is too high for most funds to buy it which also means alot of funds have to dump it as i have stated here many times before. 

[Craigbad]

Do you mean Cayman Island transferal? MT is all too familiar with that move.

[capmorgan]

Exile... Does that mean that the shorts will be loosing money if the stock goes negative? In that case the longs should hold on they will be the winners when the stock goes negative.

[LaticelnExile]

This post has been removed in accordance with Community Policy

[Craigbad]

I think its fair to say we have the savvy and sophisticated penny stock crowd moving in to take a stab at this now! Lol