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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 sunshine7 on Nov 23, 2015 10:11am

VRX up

CXR flat on positive news. Go figure!
Comment by notwrong on Nov 23, 2015 10:35am
This post has been removed in accordance with Community Policy
Comment by JustforFun7 on Nov 23, 2015 10:37am
Always have to take stock moves in context. In the month prior to VRX turning north, CXR was already up 15 and VXR was down 50%.  It only makes sense that VRX had a lot more room to run up on this move.  JFF7
Comment by JustforFun7 on Nov 23, 2015 10:40am
additionally VRX is running up on short covering as well as the over sold position while CXR had few shorts by the time VRX started running and  so CXR is  only rising on being undervalued  long term.  VRX burning higher octane fuel.  JFF7
Comment by slightfan1 on Nov 23, 2015 10:49am
Justforfun7; absolutely correct.
Comment by healthstock1234 on Nov 23, 2015 10:52am
VRX excellent volume US and Canada
Comment by JustforFun7 on Nov 23, 2015 10:54am
..high octane burns out faster...VRX run over  until a pullback and base build?   Meanwhile short term, CXR could flatten or pull back with VRX or continue up on it's own. Not sure.
Comment by slightfan1 on Nov 23, 2015 11:08am
the way I look at the chart, it needs to take a step back. I see a breakout at around $47.5 so I would not be surprised to go back there; ceiling being a floor now. re-testing the floor so to speak. we will see.
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