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Concordia Healthcare Corp. > CXR/CXRX inclusion in NASDAQ Biotech Index

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Comment by argentia77on Dec 18, 2015 8:39am

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Post# 24394505

RE:RE:RE:CXR/CXRX inclusion in NASDAQ Biotech Index

How would an order for 700,000 shares by executed? Wouldn't that drive up the SP?

adamchess wrote: I have no idea how many funds will include CXR in their portfolio as a result of this decision. But, IBB alone looks like it will be buying about 700,000 shares of CXR at current values. Again, no idea how soon they will be doing this. So, taking all biotech funds in consideration, the impact should be very positive to CXR sp over the short term.

DeltaVega wrote: Hi. Can you please explain the benefit of this to CRX. Will it get more exposure? How long will this take? Thanks