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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Nice Come-back for CXR
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Post by uchuck on Apr 22, 2015 12:27am

Nice Come-back for CXR

Tryng to jump back in at my bid price. Let's face it, not many "hype" stocks like this can stage a resurgent rally...GLTA. Ditto for all the other medical/pharma. ones, am proud owner of many of them, this is called "trading in the fast lane."
Comment by Ducksoup000001 on Apr 22, 2015 1:17pm
I like that saying, uchuck.........I sold some NHC at $10.15 and have been buying back CXR lately at around $91 -$92.5. Cannot be too greedy waiting so to pullback to $87 before entering. if CXR dips to $87 I am still well ahead with my gain of over 40% from NHC. In the big picture looks like the so called 'Smart Money' is just doing the same. Happy trading in the fast lane........
Comment by NotFreddie on Apr 22, 2015 1:56pm
Ducksoup, one can't lose owning either CXR or NHC, as I feel both valuations will increase. However, percentage wise, one would think that NHC has more room for growth and profit. The pull-back of the last day is only due to profit-taking. At it's current price, NHC provides a excellent investment opportunity. I'm optimistic it will hit $15 in the coming months.
Comment by Ducksoup000001 on Apr 22, 2015 4:55pm
Just forget to update - I sold NHC in my TFSA at $10.15 and today I bought back at $9.2. Leaving in the account the same amount of NHC shares plus 10% extra cash. Thanks for the volatility of the market. I traded some NHC shares for CXR lately in my RRSP account. So I have both companies. But I always remember not to fall in love with any stock and when the time is right trade for profit. I went ...more  
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