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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by sunshine7on Nov 08, 2015 1:02pm
140 Views
Post# 24271314

Short covering

Short coveringusing the current short position of 450,000 shares and daily trading volume, this short volume is not considered excessive and can be covered quickly. I think the big buyers (institutional) are wary of health care stocks right now and are waiting for financial updates. In the meantime, the shorting activity will continue to raid the stop loss orders for short term opportunity or accumulation. All IMO of course.
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