RE:RE:RE:RE:RE:Reasons not to sell nowThanks for that - always interested to hear about other investment strategies. Predicting this stock will go to $0 is very bearish indeed though, we will have to agree to disagree with that as I do think this stock is way oversold based on fundamentals and there will be limited opportunities to short this stock moving forward. As Hodson points out, even if CXR misses guidance for Q2, it is still incredible value.
ltsADonut wrote: TOMMY1 wrote: Lattice - nice article, I shared that a while back too. Quite refreshing for you to link to the Financial Post. My hope is that Concordia will "
simply put up the goods with solid earnings".
Curious, have you covered yet after yesterday's big tumble or are you still shorting this stock? I know you are a big shorter deep into this and I have disclosed my long position including average buy price and number of shares. Care to share any of your investment strategies with the rest of the board?
I am not in the advice business, however there are a number of ways to skin a cat ... from bear call spreads to shorting the bonds. (I short this gem every way that I can.) To answer you question, I do not plan on covering as my pt is $0.00 (albeit in lower case). Good Luck.