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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by gravedigger51on May 15, 2016 3:25pm
162 Views
Post# 24875071

RE:RE:PREDICTION on SP for this week?

RE:RE:PREDICTION on SP for this week?The real moves on this stock don't come until June and July.  That is when the major puts were bought for a possible buyout.

i think 40-42 in the next two weeks seems right, just watch out for the shorts to jump back in at that time playing the Brexit card.

in June we will have the tug of war around 42 dollars on the buy out, great ER (and bright future) vs. the last hand to be played Brexit.  If you are a trader pick your poison, but this is short term noise.  The model is proven and the longer this plays out the better the buy out price will become.
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