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

TSX:CXR.R - Post Discussion

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Post by Scruggstyle on Nov 04, 2015 10:10am

All In

Well, that's it.  Made the decision, and picked up the last tranche at $38.  I am going to ride this one out to the end.  All of this politically-induced, opportunistic short-selling, profit-taking, panic-selling, headline-grabbing crxp will come to pass.  Six months from now we'll all be reading about the 100th big news story that has manifested itself by then,

I am hoping for 5 to 8% annual growth over the next few years, with responsible pay-down of debt, tuck-in portfolio acquisitions and multiple expansion to 12 to 15 X earnings, as profit-taking and rotation out of other sectors occurs.

LONG and sitting on 15,000 shares.  Best wishes (luck has nothing to do with it) to all longs.
Comment by mecheng on Nov 04, 2015 10:16am
This post has been removed in accordance with Community Policy
Comment by TechTarget on Nov 04, 2015 10:49am
That's conviction for you!   I'm in well above my limit for any stock.  Did that on BTE at the lows and was well rewarded (had both a core and trading chunk on BTE as I do with CXR). We all know the tight balance between risk and reward.  Buffet, Lynch and other great investors ALL buy when people are scared and selling. Those of us "all in" or "highly ...more  
Comment by Speculator5 on Nov 04, 2015 10:21am
I am all in as well but I have to be honest, these head winds every day are getting me worried.
Comment by retireme@2016 on Nov 04, 2015 10:26am
 you will do ok.
Comment by Marcel7 on Nov 04, 2015 10:28am
While I am not all in, I am in for a large percentage of my portfolio. With an investment such as this time is your friend. If you don't want to worry about it just check back every month or so. Eventually market sentiment will turn around for this stock and the sector in general. How long? I have no idea could be a few months, but I suspect at 6 months to a year at the earliest. Could there ...more  
Comment by adamchess on Nov 04, 2015 11:03am
Scruggstyle: Makes sense to be "All In" when you know you have the winning hand like 4 Aces.  Should have a nice profit in 6 months for sure! Awesome !!! Why bother with the rest of the stock market - lol.
Comment by Scruggstyle on Nov 04, 2015 2:51pm
LOL!  I guess, I gave the wrong impression.  I'm overwieght at with this investment at about 30% of portfolio.  I've been overweight Canadian Banks for the past three years and have lived comfortably with it.  I just can't find a hole in this story and I've decided to take advantage of the situation.  I hold about 25 stocks, in total.  Mostly growthy ...more  
Comment by healthstock1234 on Nov 04, 2015 2:56pm
Yes,you will miss $60 and after that $100 in CXR.
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