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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by miscstuffon Jun 04, 2016 12:45pm
74 Views
Post# 24934327

RE:RE:Jason Mann past picks are his idea of "investable"

RE:RE:Jason Mann past picks are his idea of "investable"
TickerTwit wrote:
Roller007 wrote: So Cxr is not investable but two his last three investable top picks are down 25% each.  And his third was shorting teck resources at $12 where he covered around $9 but the stock went to $3.  This loser is another bnn genius.  

It is better to focus on the reason Mann gave for it being "uninvestable": the swings. Another way to say it is, 'Not behaving on fundamentals, therefore it's only fit for speculating and not for investing.'

Analyze his reason, not his past performance (which is irrelevant).

This concludes the logic lesson for today.
.


And another point Roller, I think Mann said that he shorted in Sept 2014, which means the $20-$24 range, not $12. Covering at $9 from a $22 short after 16 months was a good trade. Not a bad performance at all. Playing with other people's money is a little different.
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