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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by MirrorWorldManon Sep 19, 2016 9:37pm
94 Views
Post# 25254300

RE:Interesting

RE:InterestingWhen shorts cover, it is seldom the sqeeeze everyone seems to think it is. It can be in large blocks after hours or hacysac bots trading during the day with mild upswings followed by the usual large drops. They can control things going up as well as down unfortunately. In time though, organic trading does reappear. I have seen companies far worse than this triple in a few months post covering and then continue as the financials eventually prove self sufficiency. The thing to ask now is, "Is Concordia worth its current value? and if the shorts were not here would the SP be higher?" I say yes, that's what longs do to make cash. Trade a bit to lower average share price and then hold. GLTA
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