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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by greatplayon Nov 27, 2016 7:52pm
84 Views
Post# 25519673

RE:RE:RE:RE:Bullish, bearish or neutral?

RE:RE:RE:RE:Bullish, bearish or neutral?See, if I was a pure trader, I would have locked money at $2.75-2,80 and made tons on it, but I believe on stock and knew there was support at $2.55 (big block on Canadian side), but when stock came to it, and were trading and trading around and not bouncing, and slowly eating thru the block, I'm not stupid, I realized that stock will push it thru and I don't know how far it will travel, so I sold my shares, after shares stopped the fall, I re-bought it again and as the result increased position using the same amount of $ give or take.... and when it travelled back to $2.55 (twice), I didn't close my position, because I'm long on it.
You can have your own definition of long, but if I keep shares over night and weekend, I can consider it long.... Also I don't have to report to anyone when I sell or buy, though I mentioned on the site the same hour, actually, but may or may not to do it in future... 

I'm long and bullish on latest stock behaviour and technicals...  Cheers
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