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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by JustforFun7on Dec 07, 2015 11:27am
131 Views
Post# 24361433

Shame to give this all back

Shame to give this all backgetting pulled down with the market in general? Weak because of the high debt and uncofirmed  net income to pay it down? Downside exaggerated by computer algos who make up most of the market and  trade a trend direction until it is way over done becuase they don't know when to stop? Tax loss selling?

Watch for a crazty run back up in the other direction as soon as  some new money breaks the direction. Unfortunately if this is being pushed by energy break down / market breakdown (coming off highs in US again, fear of Fed decision effects)), this could go alot lower until the earnings come out. 

The energy breakdown was foreseeeable once OPEC decided to keep the spigots open.  Reserves have to be written down,  some companies have to be crushed so that future  oil production does not spring back  once oil prices  move higher. 

JFF7


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