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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > daily fluctuation of +/- 5% = lot of money being made
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Post by argentia77 on Nov 04, 2015 1:05pm

daily fluctuation of +/- 5% = lot of money being made

How easy is it for sophisticated traders using automatic trading programs to makea a lot of easy money when a company like CXR is trading the way it has recently?  5% of a million is  $50,000. Not bad for a day's work!
Comment by Bullphighter on Nov 04, 2015 2:42pm
Great point. Prior to CXR, I was doing that exact thing, except in the oil market. Up $1 one day, down the next, to the point I was making more money than my boss pays me. Double edge sword I guess !!!  This one has not worked out so well. What I would do to have my VET stock back ...snifff
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