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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by visionaryfoolon Oct 20, 2016 4:10pm
142 Views
Post# 25367832

Could some shorts be covering for profits?

Could some shorts be covering for profits?
Would make sense. 2.19M volume traded on US side... could this be another bull trap? We had one recently where the stock price hit $7.70ish CAD for one day and then fell like a rock. On no news... this sounds like either someone found out something on the inside (insider buying maybe?) or a short just taking some profits... a pretty significant short.
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