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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Roller007on May 13, 2016 7:09pm
179 Views
Post# 24872428

RE:RE:thoughts

RE:RE:thoughtsGeneral markets are overvalued and slowly  correcting. The smart money will be coming back to the  cash cow health sector especially the companies with good fundemantels like Cxr.  This is like a moving train, once we get momentum forward it will speed up more and will be harder to slow down as the funds will jump back in on the way up not to miss the ride up.  They just need to be very sure that no books are cooked and the growth is intact and this earning call showed both. I personally see a trickle back to 40 as the shorts will try to control the trading up but at some point they will lose control.  Lie I said earlier first we need to wash the day traders selling for a quick buck what they bought in the 29-32 range after that there will be very little sellers especially with the flat uneventful earnings report. 
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