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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Pro you should wait to reshort @+ 7cd
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Post by DrStockHouse on Oct 03, 2016 2:08pm

Pro you should wait to reshort @+ 7cd

You are loosing money now.... Better sell ...cut the loss...and reshort higher... Gl
Comment by smallshort on Oct 03, 2016 2:16pm
That's the way I read the charts myself,  there is enough momentum to possibly carry this to $7 CAD but I did start to re-add to my short here in the $6.80s myself.  The 2h period chart still shows positive momentum on the upsides.  I see more chances of hitting $6 at this point that $7.60, that's how I look  But I'll wait for $7 to short sell some more. Nothing ...more  
Comment by Lumberfeverlong on Oct 03, 2016 2:31pm
Hey Small Short, go to page 54 of the Amco purchase and sale agreement. It details a long process for figuring out whether the earn-out is payable after the end of q3. That is why first half is only payable in December, which is after that process ends.
Comment by smallshort on Oct 03, 2016 5:47pm
Thanks Lumber.  You write "Hey Small Short, go to page 54 of the Amco purchase and sale agreement. "   What is the date on that? I must have read through all the documents on Sedar at least twice. The November 10 2015 page 54 has no information relating to a December pay date for the first portion. Page 54 is an index page for past Amco financials. Page 2 of that document has ...more  
Comment by capmorgan on Oct 03, 2016 8:37pm
Don't be scared small , just keep shorting uote=smallshort]That's the way I read the charts myself,  there is enough momentum to possibly carry this to $7 CAD but I did start to re-add to my short here in the $6.80s myself.  The 2h period chart still shows positive momentum on the upsides.  I see more chances of hitting $6 at this point that $7.60, that's how I ...more  
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