Concordia Healthcare Corp. T.CXR.R

Short covering

[sunshine7]

using the current short position of 450,000 shares and daily trading volume, this short volume is not considered excessive and can be covered quickly. I think the big buyers (institutional) are wary of health care stocks right now and are waiting for financial updates. In the meantime, the shorting activity will continue to raid the stop loss orders for short term opportunity or accumulation. All IMO of course.

[JustforFun7]

yes the lack of shorts on record means there will be no short squeeze but on the other hand I think it means the shares are being controlled so some can accumulate.  A consequence of that is that  I think you continue to see plunges in the share price when they can to trigger any stop losses. But with so many poeple recogninzing the value, I thnk more and more  people will overcome