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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on May 27, 2016 3:36pm
229 Views
Post# 24911561

RE:RE:RE:What is Valeant doing that CXR is not?

RE:RE:RE:What is Valeant doing that CXR is not? As a percent of active float, CXR has a greater short interest than VRX. When they start to cover (which I think has been happening since 1Q financials), there is buying pressure both from the shorts plus those waiting to see the financials. It will take a long while for those shorts to cover so IMO this run has legs, buy out aside.
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