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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by STOCKMAN70on Sep 13, 2016 10:54pm
199 Views
Post# 25234365

RE:RE:RE:Time to bail

RE:RE:RE:Time to bailI agree, but buying 1000 shares at $25 and holding to $6.49 you would have lost $18,510 but in not selling 1000 shares today you could save $6,490 if CXR goes to zero which in my opinion is unlikely or less likely than it going higher. It is very very rare for a stock to drop this far this fast without any type of recovery. 

Definitely feel bad for longs who have held on through the decline but we are getting to the point where in my opinion the price may not be reflecting the value of,the company no matter how much everyone hates it. 
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