Concordia Healthcare Corp. T.CXR.R

Wall of worry...

[sunshine7]

Just a break from the childish banter here to remind folks that even in an uptrend, there will be retrenchment days due to profit taking and such. After a 30% climb in a month, this is normal. Facts are the following: cash inflows to the market are building, risk adversity is dropping, shorts are covering (and many more to go), CXR currently trading at 4.5x2016 guidance and earnings releasing in 8 trading days. I tried trading some shares during the last breakout and in hindsight, I would have been better of just buying up front and holding. Few anticipated the extent of the market correction at the beginning of the year, but gave new investors with cash a second chance to participate in this company transformation from a local to an international player with good growth potential. GLTA

[YouLose]

Totally agree! This is what I am saying! As it is coming from a member of the pumper gang it will be well received.  But fact is we have had quite a run up in the past few days. If you think it will keep running like this into earnings you are wrong. It may do a retrenchment back down due to profit taking. Not only that, Sunshine just told us some valuable info, he tried "trading some

[fdfd12]

CXR is only $3.5 above the 13 day so it will notcome back unless it gets to $50 in a few days.