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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by TechTargeton Oct 27, 2015 5:27pm
321 Views
Post# 24232123

RE:Shorts

RE:ShortsVolumes are too low, risks to the upsides are too high.  This is just pro traders taking the massive profits from the sub 30s.

Shorts appear to be going for the jugular on VRX and NHC but I see the whole sector as fighting back hard.  We have the CXR CEO on BNN this week and the pro "short and distort" hired pros at NHC delivering the verdict any day now.

Too risky to sell (or short sell) at these oversold levels.    The TA support is there.  Pros see it and we can see it from the trading.     Big sellers are gone - we're just seeing pros at work here taking some profits and left over investors that are scared.

I have my finger on the buy button for this one!  At sub 40s, it's tickling me again too much!  :-)  LOL

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