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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon May 01, 2016 7:41pm
131 Views
Post# 24830997

RE:Time is running out...

RE:Time is running out...Bnn showed a chart the other day which showed that shorts weren't running for cover. They actually doubled down after the takeout rumor. The short interest on the chart showed it running around 5% in March and has ramped up to near 25%, which is 5 times where it has been. Most of the shorting has been done in the $30-35 area and spiked when the price did. The people shorting at this level aren't looking for a few pennies they're looking for a colllapse and have enough balls to do it amongst take out rumors. 
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