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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Nov 06, 2015 11:12am
110 Views
Post# 24266438

RE:RE:RE:RE:Evidence of Short Attack for November 5

RE:RE:RE:RE:Evidence of Short Attack for November 5Shorting is part of the market whether we like it or not and has provided many opportunities lately if you trade. Fundamentally the stock is very attractive but the fact that there is so much short volume at these levels tells you that there is a huge interest to push this to a lower trading range. At first it seemed like $43 was the cap but they seem to be shorting aggressively around $40 now. They didn't take these positions to lose money so i expect the price could he pushed significantly lower as it seems there is a large interest in doing so. Love the company but we all should be aware of this possibility.
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