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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Ducksoup000001on May 06, 2015 6:45pm
160 Views
Post# 23701935

Sell in May is upon us

Sell in May is upon usNo matter how you hate to admit it......fact is fact. When you try to tame the optimism you always expect to receive denial of bad things to come. People are lazy as sitting ducks but not proactive to the force of the market. This is not a buying opportunity yet and June will see more selloff as in the past. This year the market appears to follow very closely to the normal pattern. So I advise to act accordingly. As for CXR my last position is around $91.5 so I am underwater. Yet I have to guard against a dip below $82. Set a stop loss to protect capital and wait for another good entry point in the summer and the Fall. This will be the name of the game.
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