Concordia Healthcare Corp. T.CXR.R

RE:RE:I hope you guys are right

[CNInvesting]

Stockcoach1 wrote:

For the 100th time they sold because:

They made a profit by getting in early like Donnatal. That started a slide and the shorts took advantage. Then you got the ones that decided to catch a falling knife. They took huge positions with borrowed money and when it fell further they got called. That created more dumping. 

They sold for hundreds of reasons,

To buy a car, to purchase a home, to pay kids tuition, to pay off debt or simply to cut their losses.

 

So STOP worrying so much about the reason why they sell. Just know that the buyers buy for only one reason ... Because they believe it's going up.

 

If you're not in that camp, get out.

Technical analysis and charting is witchcraft. Fundamental analysis is science.

 

I second that.