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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by richardtraderon Aug 12, 2016 6:01pm
279 Views
Post# 25137697

TOMMY1 long read (ignore the board) DO THE MATH

TOMMY1 long read (ignore the board) DO THE MATH2016-08-11 buy price 21.40
2016-08-12 sell price 15.56

3:50 today bought 1.5 x the amount of shares I previously held

crx has tested the 40% range which I'll see if that works

next I will test the 64% range from the 21.40 previous day

No, stock no matter how much you hate it believe it or not still has GREAT TRADES

that is what I do, TRADE some I made a killing on 

nortel buy 2.25 sell 5.50, enron, sino-forest oh so many more

people always make the mistake of buying high selling low, some advice to turn losses into

profits do the opposite (not saying hold it, but trade it)

The MARKET recognizes over-sold/over-bought stocks I use Fibonnacci 40-64% rule on a 

down-trending stock WORKS so is 40% downside does not hold sell and wait for the 64%

downside price then BUY (works all the time)

Tommy bring up some charts to see what I mean look at today

T.cgc open 4.20 news sold off to 3.83> close 3.94 or
T.IMP  open .34 news again Brexit related sol-off to low .23 closed .25

Just, saying TOMMY1 there is a way of getting some of your $ back

Just use those #'s I mentioned from previous high before sell-off and they again are

40% & 64% worst case I've seen is 70% sell-off, but to get 20,30,40% and sometimes more

back off your losses, well I'll leave it there and Tommy1 sorry for both our losses, but I'm getting

mine back.

A lot of people are angry here and have sold-off thats just what the market wants

USE IT

Tommy1 as I said 3:50 today I bought shares at 12.957

now check out NASDAQ AFTER-HOURS OR CXRX - US

what do you see HUGE SUPPORT AT THIS LEVEL

Smart people buy when it gets really ugly and profit

Tommy1 use your better judgement
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