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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by kayamanon Mar 23, 2016 8:41pm
439 Views
Post# 24695631

These short dudes are hilarious!

These short dudes are hilarious!I don't even care which way the stock goes! I probably make more on the downside.. but people this is just how it is. We have a chart that is about to resolve itself $10 either way. I can't imagine after this report we are going to $30. We were pricing in insolvency and this does not support that narrative.  We have a 2.6 million short position. Chances are we have a positive cc. Fact is they creating cash rapidly. Not a blowout quarter to gap this thing up big tomorrow.. but clearly a business that is generating cash flows to make people more confident in their positions. I'm guessing we see many new longs, and lots of shorts covering as the stock price breaks $46. After that momentum drives us into $50's. Believe me I hope we head to $30.. but that just ain't going to happen. I'm jumping on the momentum tomorrow for sure. 
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