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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by fdfd12on Mar 24, 2016 1:13pm
179 Views
Post# 24698084

RE:CRESCENT STREET IS CALLING FDFD12

RE:CRESCENT STREET IS CALLING FDFD12
I need one let me tell you.

OK the experienced (much more than me) technician, Bill Carrigan is on BNN now.
He said something on VRX and it makes sense.

He said when you have major technical damage you had with VRX (the big drop) it takes
2 or 3 years for the stock to come back. In the meantime, it will trade in the range of $40-$70 for those years.

COncerning CXR, same thing. Yes it is a different story. A much better and etchical company.
But looking at the chart, it is similar to VRX with its big dropin SEP.
Because of this, CXR will trade from 35-45 for 2 or 3 years.

I am starting to believe it.
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