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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Marcel7on Feb 16, 2016 3:06pm
209 Views
Post# 24562972

Nice rally today BUT

Nice rally today BUTthe low volume is a little troubling. It doesn't look like the shorts are fleeing in volume if they are at all. With such low volume it wouldn't surprise me if we don't see them shake the tree a few times before earnings, but the window to cover may be closing. As for a buyout/takeover I don't see that happening for a while if at all. They will want to demonstrate just how profitable the combined company is before that would be a viable option. Marcel
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