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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by adamchesson Nov 06, 2015 11:56am
86 Views
Post# 24266777

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

RE:RE:RE:RE:RE:Evidence of Short Attack for November 5To me it makes sense to short if you are negative on some aspect of the fundamentals of the companny that you think will affect profits in a significant manner. In this case, the only possible negative I see are interest rates rising and the fact it is the healthcare sector. None of this is really relevant to CXR as its financing has already been secured and it has more than ample cashflow to pay down its debts if it so desires and/or expand its business through additional profitable product expansions.

For these reasons, I think shorting CXR is the wrong call here. Shorting stocks was not created in order to allow traders to collude and bring down the sp of a healthy stock and fill their pockets.
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