Concordia Healthcare Corp. T.CXR.R

Hold Tight

[zone1]

Make sue all your shares are for sale at very high share price.  This prevents the shorts from borrowing your shares to short and use against you. The markets are ugly and there are few good stocks inwhich to hide. No doubt CXR is one of these stocks. May the force be with you! Hold long and prosper!

[greenpasture]

I hope everyone does this. I have been doing this for years. Any broker that would tell you otherwise either is ignorant or does not want you to know this little secret. Yes bullchart, I think you explained what's going on quite well.

[adamchess]

Apparently, you should be able to see if your stocks are being borrowed on your statements. The other thing is the price you set has to be reset every month. Not sure how onerous this is to you or your broker. Regards

[bullchart]

I just stay 50% ahead and renew at the end of the month. Very little effort. Any big unexpected move, I just go in and change it. My few won't make much difference but when hundreds of owners do this, makes a diffenence with the hedge funds. 

[sunshine7]

I also set my sell at 50% higher until I realized that an offer to buyout may steal my shares at less than fair value. I agree that most buyout offers would not exceed 50% premium. In this case, I dunno.

[slightfan1]

Sunshine7; it does not work that way. In the event of a takeover, most likely there would be a trading halt. You could still change your order during the halt. Moreover, if you are away and say you had a 75$ sell but the offer is at 85$, the stock would open at around $85 and you would be given that price as there would be so many bidders and they all bid above your $75

[sunshine7]

Thanks. Good to know.

[ChartSchool]

Yeah, and at least you have the satisfaction of knowing your own shares aren't being used to bet against you!    On a comical note,  did everyone hear about the story of the guy who shorted KBIO?  It is absurdedly entertaining if you haven't ..... A trader, Joe Campbell, decided to go short KBIO (that was before Skhreli decided to save the company).  He saw what

[Marcel7]

Great story! I think I am way too risk averse to short like that without any safety net. Some are not afraid to be short though. Look at how much short interest increased in CXRX from Nov 30 from mid-November. Up almost 50% in those 2 weeks. I am curious if it was short covering that pushed us up to 55. I think more likely it was short manipulation pushing it down from there. Most of the short