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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon May 06, 2016 8:02pm
132 Views
Post# 24849930

RE:RE:RE:RE:RE:RE:RE:Nary any sellers

RE:RE:RE:RE:RE:RE:RE:Nary any sellersWho's to say some of these funds aren't selling. Some of these funds have rules for trading when a stock is breaking down technically, no questions asked, they'll start to exit. If it wasn't for the " leaked" buyout rumors which conviently hit the newswires when the stock was breaking the $30 support level last week could have been armageddon. This weeks close was actually below the 200 week moving average which may be a sell signal for even the most patient of funds.

Roller007 wrote: Select:  with 80% of the available shares shorted you are trying to mock me and trying to say that an average of 1.2 million shares trade in a Cxr when only about 12- 14 million are not held tightly by big funds.   You can keep your blind folds on as to is trading this since the buyout talks, To use your sense of sarcasm I will call the "the fifty shades of Concordia shorts " it's kinky and fun but will not end good.  


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