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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Ducksoup000001on Jun 18, 2016 1:21pm
280 Views
Post# 24977081

Repost my June 13 message.....Hang in there Longs

Repost my June 13 message.....Hang in there LongsWe are not here to argue a Buy Out is imminent or not, we are not here to argue whether a UK price increase issue is noise or not and last of all we are not here to argue if some big shareholders will dump their shares. We are here to stand by CXR 's fundamentals which is as strong as it can be and will be. The price action is telling us it is some big guys and their gangs out there trying very hard to suppress the price taking advantage of the fact that the whole pharm sector being out of favor thus easy to play the sentiment game. They did it again and again every time the stock trends up just to bring it down quite successfully. However, the price action is telling us this is close to their whole capacity as they know they do have their risk and is near their breaking point if they get too greedy. As for the stock a rebound is imminent, if not a buy out. Those who hang in there believing in the fundamental of the company shall be rewards in the coming financial reports. Those bought for the buy out only and the shorts are filling up this billboard but their messages do not reflect our view. The road to recovery can be a bit long, say 6 months but the reward is there. Just a reminder, ENDO being regarded in the same league as CXR is upgraded today with the same argument as presented here.
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