Post by
TheRock07 on Oct 26, 2015 5:03pm
Just Profit taking and consolidation
Looking very good after todays profit taking action.
Let us not forget the sparkling new fundamentals.
VRX is the one that has caused most of the trouble ( which was fraudulently reported ) yet get these primary fundamentals..
VRX is trading at nearly 7 times its guided 2016 Ebitda.
CXR is trading at 2.5.
VRX is trading at 4.8 times 2016 revenues.
CXR is trading at just 1.5.
Profit taking after a 60 % run up in a few days is normal.
This is a great buy on its severely depressed fundanentals caused by selective ( Canadian ) short and distort actions by US houses.
Value always emerges and here we have a triple for the patient investor..
Comment by
pineapple1 on Oct 26, 2015 5:54pm
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Comment by
ruben12345 on Oct 26, 2015 6:24pm
Everything is possible although i dont really understand your Logic
Comment by
pineapple1 on Oct 26, 2015 6:38pm
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Comment by
stockguy2015 on Oct 26, 2015 6:43pm
so you think its going to break threw two support levels. lol
Comment by
pineapple1 on Oct 26, 2015 6:45pm
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Comment by
stockguy2015 on Oct 26, 2015 6:25pm
I think you are dreaming. I doubt we will see sub 40. you can dream though. Read the NR. nothing but green tomorrow today was obviously gonna drop
Comment by
grox01 on Oct 26, 2015 9:17pm
Hey TheRock07, how are you geting your 2.5 p/e on CXR? CXR just announced say $6.45US (mid-point) for 2016, so I get something near 5 p/e.