Concordia Healthcare Corp. T.CXR.R

Volume

[dudsywow]

Looks like continued selling pressure from some large funds.  The selling pattern the last 2 days doesn't look like a short attack.

Since Sept 15, 104% of the share float has traded hands (float = 50.8m shares minus 7.2m held by Cinven under lockup)

In contrast to Valeant, with all their legal and moral issues, over the same timeframe only 10% has traded hands.

Some large holders are liquidating CXR

[dudsywow]

Forgot to add:  once these large holders clear out their position, I believe the share price should stabilize and move upward.  It just might take some time yet.

[Marcel7]

I would tend to disagree with you. I would have serious doubts that you have large shareholders and institutional investors exiting their positions at this price. It would make no sense. I think that it is short pressure, they are walking this down occationally in order to trigger stop losses and induce some panic selling. I will post the short info from today and I have no doubt we will see

[rozelli]

2 Wncouraging signs today .   1- The IBB index not cratering at resistance and passed thru 338 . I think this matters going forward re. the trend of the health care group going forward 2- At 12:20 saw 100k block of CXRX being bought at bid. Thats probably a cover..knock it down with lil ones buy back blocks.

[retireme@2016]

 They are good at covering up. Some where they have been walking this down!

[healthstock1234]

Why do you think that ?

[pineapple1]

This post has been removed in accordance with Community Policy

[dudsywow]

Any large bids are still being aggressively taken out.

[visionaryfool]

Volume.. is lower than normal if it was a short attack. Looks like people are taking profits.

[adamchess]

Sorry, excuse my ignorance. What does this mean? Am guessing that sells are taking out bids while still stepping the price downwards. Not sure.