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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Slinger14on Nov 22, 2015 12:54pm
68 Views
Post# 24313810

RE:RE:Any real bears on cxr?

RE:RE:Any real bears on cxr?
osirus1 wrote: I am bearish on this stock.
I think it is associated with VRX too much and won't heal as fast as it could.
That being said I am stupid I bought this stock 2 times before it has performed but at 100$ I sold at $84 I wasn't buying it but at sub $40 I backed the bus up I think this hits $84ish and statys till next earnings comes out.

So I am bearish that it doesn't hit $117 but if $VRX keeps running it will pull all up with them just as they were pulled down.


I disagree that VRX will pull CXR down.  The past 2 weeks, it has been clear that CXR has broken it's bond with VRX in a negative sense.  VRX continued to be punished while CXR remained flat.  What is great and one thing I agree with you on is VRX will help pull CXR and the entire sector upwards.  CXR is now trading based on its individual fundamentals and investors realize the bottom is in the past and have jumped in.  This will continue to soar even if VRX has troubles.  So to recap, VRX will help tow CXR upwards if it is doing well itself but will not drag it down.  That is my opinion.
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