Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by smallshorton Oct 03, 2016 6:29pm
87 Views
Post# 25304361

Based on the charts, I expect red tomorrow

Based on the charts, I expect red tomorrowThere was a significant buying spree this morning which went  away later in the day.

This can be obversed via the candlestick TA charts. 

The problem with a stock like this with short sellers having so much fuel because of management actions and overwhelming debt on weak assets is short sellers simply use these upswings to short some more.

The shorting to zero short sellers who have read through the Sedar filings aren't the one covering.  I suspect a lot of buyers are technical traders who just saw the double bottom and only use one indicator to trade.
<< Previous
Bullboard Posts
Next >>