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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Whats with the rally though?
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Post by visionaryfool on Sep 23, 2016 3:25pm

Whats with the rally though?

I get the short arguements and when it kept going lower it even made sense to me... but now its up 15%+ in 2 days? WTF?
Comment by MustardTiger88 on Sep 23, 2016 3:41pm
Even with all the issues, the stock is way oversold.
Comment by Lucky27 on Sep 23, 2016 3:42pm
Been in this thing since October last year. Sold a bunch before I left for a Vacation last January. Thank God, but I am still what Lattice the bech calls a bag holder. This is either the shorts letting it run to hit it again next week based on the Cinven payment or the review has ended andsmart inside money is getting in, Why sell now? We know the best they can do is take us to $6.50 Canadian and ...more  
Comment by PROtrading on Sep 23, 2016 3:58pm
It's called a "deal cat bounce" aka "last chance to sell above $7"? Fast guys, this is musical chairs and the music is about to stop!  Lots of bagholders looking to unload. I'm not even covering for the weekend....
Comment by sunceylon on Sep 23, 2016 4:28pm
Shorts want to cover before others get in. They want to scare new investors . That is why they are still around. It will take a long before they leave since they have to cover a lot, but slowly. This is my opinion. 
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