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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Roller007on May 14, 2016 11:10pm
144 Views
Post# 24874296

RE:RE:$34 sucks

RE:RE:$34 sucksYes we need new buyers that can overlook the negative sentiment in the sector since all the ones like me that believe in Cxr are at their max allocation or weighting already. The shorts don't matter as they will not cover if there is no catalysts anytime soon unless a buyout materializes. Once new buyers start to initiate positions the shorts will jump on board and we will get a double acceleration in the share price upside.   Don't fool yourself though as these new buyer want to see a few quarters to get a real grasp on all the moving parts in Cxr which is still a bit of an enigma since it's still in its infancy.   All my points are very well known by smart traders who will use the time Cxr needs to validate itself to continuously day trade the stock which will put a damber on the SP.   if I see a platue I will do the same with a portion of my position.  
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