Concordia Healthcare Corp. T.CXR.R

Short ratio on CXRX

[PROtrading]

As a short, I always worry about volume.  Large shorts are very vulnerable here because if there is a run on stocks, it's going to skyrocket....  Shorts are expert traders but they are impacted by the same greed and fear human emotions that impacts all traders, long or short.

Short Interest (Shares Short)	10,895,900
Short Interest Ratio (Days To Cover)	5.4
Short Percent of Float	26.86 %
Short % Increase / Decrease	29 %
Short Interest (Shares Short) - Prior	8,459,800

[ZeroIzzue]

Good call, good thing to have covered before close yesterday. Lets short another day

[Craigbad]

It would be hard to imagine people who have been short since $30-35 and rode the ups and downs since then getting worried at this point. Many shorts, like myself, have long term positions and have a pretty good idea what next year will bring.

[visionaryfool]

I hear ya Craigbad. One thing I don't understand though... if you're short form say $30... its not at sub $5, if I were in that position, I would've covered, taken my profits on better things no? Just seems like a big risk to keep riding it down.

[Craigbad]

I still see further downside and closing my position would trigger a huge tax bill this year. For the same reason this is a big tax loss selling candidate, the opposite is true for someone with a large gain on a short position. Some may scale out depending on their year, but I doubt there'll be a huge squeeze, depends on the churn though.

[capmorgan]

I'd rather see a large tax bill on 50% of my gains , then watch it double or triple. quote=Craigbad]I still see further downside and closing my position would trigger a huge tax bill this year. For the same reason this is a big tax loss selling candidate, the opposite is true for someone with a large gain on a short position. Some may scale out depending on their year, but I doubt there

[Craigbad]

I'm still a bear on the name Cap, I think this is the boiler room pump and dump I was talking about this week. I hope to cover next year in the $2-3 range after the Uk health bill passes in the spring. I explained my reasoning and price targets. It was interesting reading the comments on stockchase.com from James Hodgins from today. There must be talk of debtors moving in on the assets on bay

[ConfidentDD]

Agree with you Craig. Who ever took the notes likely didn't do it because they had share positions that they cared about more than they cared about strengthening their debt positions and/or adding - for the opportunity to take more in bankruptcy protection. Who knows what the street dealt out among them. If Cinven had a say, they would take the payments and walk away from their shares.

[Juice004]

Just seeing this post now and your spot on capmorgan about craignogood! He's greedy and is probably following Lattice around trying to figure out what his next move should be. What's the debt to EBITDA again? lol [/quote]

[capmorgan]

I just dont get it Craigbad ,you've been riding this thing short from $35 to sub $5 , and you're taking a chance on the last $4.75? Tha's the definition of pure greed, and I hope it bites you in the a$$ nbsp;

[PROtrading]

I agree. The thing about shorts that a lot of people don't understand is these isn't "one gang". In some cases, it's a collection of people with big holdings.  In other cases, it's other bonafide US hedge fund managers that carefully look at what others are doing. It's like a bunch of birds flying in formation. So when the flock of birds turn, they all turn at