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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by green24on Jan 12, 2016 2:09pm
154 Views
Post# 24450692

RE:20% 4 day chop

RE:20% 4 day chopAnd the beat goes on.   Another 4% down for CXR.   Getting close to my target now.   Bought more of my discounted cash today as well.  Gotta love when market panic caused everything to overshoot to the down side...  again and again and again.   

green24 wrote: In a small way it is nice to see a large company suffering to the exact same degree as the micro cap company I've been buying for the last 4 days.

At least in my case I have a pretty darn good chance of it bouncing back quickly, as there isn't a heck of a lot of downside risk.   I've basically been buying cash at a discount while people panic and sell everything.   

CXR still has some risk with all of the debt, but I still love the upside potential.   I think I'll be back into it very soon, assuming it keeps falling at this pace.

GLTA CXR longs.

PS, FWIW, the cash at a discount co I've been loading up on is EUO.   Do some DD on it and I'm sure you'll agree about the downside and upside potential.


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