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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Marcel7on Nov 17, 2015 9:42am
112 Views
Post# 24297208

RE:Talking about whipping up a buying frenzy

RE:Talking about whipping up a buying frenzyIf that were the case you should be cautioning against buying the stock when it is $100, not when it is a bargain like this. Go away short.

CEO just dropped a cool million on shares. That's a vote of confidence if I have ever seen one.

There are lots of reasons that an insider may sell a stock, but typically only one reason they would buy - They think the stock is undervalued!

I would wish you luck on your short position but I hope you get burned badly, and after you do, I will sell a share or two and enjoy a very nice steak dinner and wine on you.


notwrong wrote:
      Yep,  you had better believe it.  It is going to the moon.  Wow, $145 !  Just think how much money you can make, lol!
          
         You may wonder why they want to whip up a buying frenzy.  The reason is simple.  This can make the price go a lot higher for a moment so that they can maximize their profits.  Unfortunately, that will also trigger panic selloffs among retail investors when the pump-and-dump guys start dumping,  a repeat of the previous panic selloffs that brought the price all the way down to $40.  But if the buying frenzy does not happen, a panic selloff will be much less likely, since the number of retailers buying at a natural peak price would be a lot less. In this case, the price will simply move gradually and steadily according to normal market forces. 
 
        If you are in an accumulation mode, buy on a down day, watch or even sell a little on an up day.  Don't unknowingly be a pawn to help the pump-and-dump guys to whip up a buying frenzy for them!

 


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