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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by smallshorton Oct 03, 2016 2:16pm
65 Views
Post# 25303166

RE:Pro you should wait to reshort @+ 7cd

RE:Pro you should wait to reshort @+ 7cdThat's the way I read the charts myself,  there is enough momentum to possibly carry this to $7 CAD but I did start to re-add to my short here in the $6.80s myself. 

The 2h period chart still shows positive momentum on the upsides. 

I see more chances of hitting $6 at this point that $7.60, that's how I look  But I'll wait for $7 to short sell some more.

Nothing on the fundamentals is positive.  On the contrary, that's scarier than before.  Why on earth would they have to delay the firsrt 50% from October to December.  This smells like a stall to try to get as many bagholders here lining up so the last remaining insider shares can be dumped?

Zero clarifications on any of the shareholder questions.  That's a huge concern, unless you are short, then it's confirmation that this is truly a bad stock.
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