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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by investatbeston Jun 09, 2016 9:51am
112 Views
Post# 24950031

RE:The bottom price

RE:The bottom priceSimply put, the bottom price is 0.  Depending on your investment style, your bottom might be a lot higher.  Some people have a bottom at -5% and then they lose the stock and never look at it again.  If you invest like Buffett, you never sell a stock and hope that you pick more winners than losers (or you hold on to the losers until the come around and become winners).

At this point, a LOT of CXR shareholders are holding onto a stock that they probably should have lost a long time ago.  Depending on where they are holding the stock (registered account, non-registered, etc.) they may be in quite the tight spot right now.

The bottom is always 0, no matter the company, no matter the sector.

GLTYA.  
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