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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon May 03, 2016 2:22pm
230 Views
Post# 24837745

RE:Who is buying?

RE:Who is buying?Most of the shorting was done at these levels and shorting spiked after the buyout rumors, meaning they were doubling down and seen it as a gift because they think the buyout is fabricated. I doubt we see any short covering until the price goes down 30-40%. There is no way these people shorted near all of the available stock there is to borrow to make a 10% return and cover at $30. There is huge conviction and these people know something longs don't know or they are out of their mind. Someones going to lose huge here and its a coin flip whether its longs or shorts. 


mooolaaaa wrote: Is someone buying or are the shorts covering?


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