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

TSX:CXR.R - Post Discussion

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Post by ryehigh2014 on Oct 25, 2016 9:58pm

Price Target

NHS CMA competition investigation was and SHOULD have been expected.

TBH i currently hold no position as I was stopped out in the rally. Will reload only after earnings and only after I find out who the new CEO is (if its Oberman or not basically).

Reload is contingent on earnings. As long as MT is near the company I smell trouble.
Comment by borrowedlife on Oct 25, 2016 10:03pm
Yup! How convenient, you get stoped out and immediately you smell trouble, probably stuffy nose I am guessing sheesh
Comment by MrHulot on Oct 25, 2016 10:06pm
I don’t understand what you mean by “stopped out in the rally”. You said your average was $13. You did all those calculations till you finished the lead in all your pencils, you presented them with conviction…and then you bailed?
Comment by ryehigh2014 on Oct 25, 2016 10:08pm
Wasn't a bail. Moving stop loss was -10%. The share price obviously moved down significantly in one day to be hit and on material news.  I have mentioned numerous times previously that I will average down after earnings and only after. The company LOOKs okay - but to be frank one positive news item was followed again by a negative one. I would rather wait one week to be sure.
Comment by borrowedlife on Oct 25, 2016 10:11pm
Clowns they come in all shapes sizes and colours these days...
Comment by CounterAttack on Oct 25, 2016 10:30pm
This post has been removed in accordance with Community Policy
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