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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > A trading stock for now
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Post by prested on Dec 03, 2015 12:19pm

A trading stock for now

While I personally believe CXR is a good long term investment, I am merely trading in and out for now. Buy 1000, sell it and make between $500 to $1000. I don't think I am alone which is why the stock is not getting the traction that many believe it should. Eventually the stock rises until this strategy no longer works, but that is a way off IMO.
Comment by fdfd12 on Dec 03, 2015 12:23pm
They all say "make between 500-1000" They never say "lose between 500-1000" Of course everyone makes trading.
Comment by Bullphighter on Dec 03, 2015 12:44pm
Well the secret is, you do not sell at a loss. I am not scared to hold CXR, RY, VET. These comanies are not going anywhere. To quote Alan Parsons "what comes up must come down"  It also works the other way ))  glta
Comment by Bullphighter on Dec 03, 2015 12:40pm
 You nailed it, look at the transaction sizes. Say's it all. I have holdings that I have in-out so freaking many times, my book cost is free !!!  I see no wrong in it, nobody makes anyone buy/sell. Call it gambling. Most important thing though, is in the end your left holding a great comapny. I had to let go my RY to get into this mess and I have zero regrets. Except I own twice as ...more  
Comment by Slinger14 on Dec 03, 2015 3:48pm
I certainly agree that you aren't alone regarding trading CXR.  There are hikes and dips for no good reason these days and si believe money can be made on these swings.  Fundamentals do not have as much control over this stock as they should because of the large amount of trades still being made.  I also believe fundamentals will eventually take over once again as they should ...more  
Comment by stockguy2015 on Dec 03, 2015 6:35pm
hahaha I was just saying to my buddy that exact line this is a great trading stock one day it will take off but that's ok for now i'll keep collecting $500-$1000 the same way you are
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