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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Endboss77on Aug 11, 2016 8:17pm
299 Views
Post# 25133613

Numbers

NumbersEven if CXR misses expectations, this is FULLY priced into the stock, we are dirt cheap for other reasons. Should Concordia surprise to the upside? I am not convinced the shorts will cover on the news, they would likely wait a couple days until some more bad Valient/pharma press comes along & short some more to cover low twenties again. The good news? $18's sure seemed like an absolute rock bottom to me, downside is limited with new interest finding bargains & shorts cycling & covering. Great future ahead & higher prices will work their way into our hands...The key? not to sell out of exhaustion/emotion...No the value of what you want to make on Concordia & wait. As for charting, looking much more exciting that a low is in, momentum to the upside is increasing & our MACD signal is in the stages of a cross to the upside. GLTA Boss
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