RE:RE:RE:Stop The Panic, Things Should Be FineIf you say going to zero, what would make it go up 80% as you said? There is no optimism for Q3 it doesn't seem.
HedgeFunder wrote: It's going down to 0, but not soon, meaning you will be able to exit profitably.
MustardTiger88 wrote: What are you on about? You posted 20 minutes ago saying the stock is going to $0. Did you forget to log into your short account before typing that or something?
HedgeFunder says: "... so far with failing Concordia Healthcare stock? Looking back 12 months, Chaikin Money Flow clearly indicated heavy selling was in progress. Whatever few 'bullish' days CRX had, we can appropriate them for short sellers covering their positions, and then other short-sellers entering new positions. This stock is going down to 0.
Read more at https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-international-corp#ptqJih5cUT92iMcg.99"
HedgeFunder wrote: Two things:
1. Vast majority of price gaps get closed, so will Concordia's Gap Down. It will be closed. You're looking at about 80% upside from here within 3 months which would bring price to around $21.
2. Accumulation is already in progress, which is visible from today's candle, improving chaiking money flow, and RSI being oversold also helps. So, should be fine, just stay tight, don't panic.