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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 fdfd12 on Dec 08, 2015 3:25pm

Shorts

Have not been here since $30.
I beleive they have covered at $30 and went home.
They made their money from the VRX mishap.

All this is, is 2 steps up and 1 back.
Problem is that the steps are very big.
They are $3 down and $6 up.
Volatility is not for the faint of heart.
Comment by JustforFun7 on Dec 08, 2015 3:56pm
agreed on both points. Never was much in the way of shorts inthis stock really. 
Comment by cashflow98 on Dec 08, 2015 3:58pm
Wow....what a day...and looks like a nice strong finish to boot !!!
Comment by greenpasture on Dec 08, 2015 3:59pm
Yes Fd.... I agree, any professional shorters made their dollars a while ago. They know where this should be, they know what the majority of analysts are saying, and they also are aware CXR could do a morning open 3 to $5 higher without any good reason other than still very oversold by 10 to $20 at today's price.
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