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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by BinTradenon Oct 03, 2016 4:31pm
87 Views
Post# 25303926

RE:Adding to short at $6.66

RE:Adding to short at $6.66PROtrading - how you feeling with that new short position of yours now? I'm sure you'll be on the buy to cover trigger in the morning worried as hell and hoping that the stock doesn't gap up on the open.  If you really were a technician and not a hot air balloon you would not be shorting in the middle of a day like today where a very bullish candle formed with much higher daily vol than the avg.  You would be on hold waiting for another confirmed leg down on a 30 or 60 minute chart. Anyhow good luck PROtrader, appreciate your commentary/perspective contra the pumpers, just not your belief that you are superior to us all.  I'm a new shareholder of crx today, I have been waiting price/volume action like today.  Similar thing happened with VRX begining of july and the stock has been up 30% over that day since then.  Days like today helps establish support levels at todays lows for any future bad news.  Lots less risk out there now with this company given todays price action.
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