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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Pre Market bid/asks
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Post by sunshine7 on Apr 11, 2016 9:15am

Pre Market bid/asks

once again high level in perfect balance. Sign that SP managers are active today. They don't want this one to run away... just yet.
Comment by adamchess on Apr 11, 2016 9:24am
My bank showing $35.83 opening. Up more than a buck over previous close.
Comment by sunshine7 on Apr 11, 2016 9:35am
Yep. It is an unusual indicator that usually indicates that manipulation is active. Floats around pre-market, usually higher and starts a drop into the day. I just don't see this in other stocks I follow. Oh, and only on the TSX.
Comment by Doojobs on Apr 11, 2016 9:46am
This market manipulation is so frustrating. I thought investing in healthcare was supposed to be far less stressful. Between this and nhc.to I'll be bald.
Comment by Roller007 on Apr 11, 2016 9:50am
Same pattern every day.  Up right away for about 10000 shares then steady decline with little volumn. 5% range with less than 30000 shares traded.   Just a bunch of computers sloshing the same few hundred thousand shares.  With no news we will be at $30 soon.  
Comment by sunshine7 on Apr 11, 2016 10:08am
Yep. Same old recycled shares as the traders and trading algos do battle over the pennies. Makes me wonder how the shorts will cover under low REAL volume. IMO the days to cover is under stated. Short interest published tonight for what its worth.
Comment by CxrBull on Apr 11, 2016 10:19am
This post has been removed in accordance with Community Policy
Comment by PROtrading on Apr 11, 2016 11:44am
Charts and volume looks very weak on CXR and VRX so expect the shorties to continue to have fun here. And sunshine, the short interest is very critical here.  If it grows, it's good for the future squeeze but means they might have more salad dressing lined up.  If it doesn't, it means they are getting nervous. Considering the "retail good guy team" has uncovered ...more  
Comment by Kisu on Apr 11, 2016 9:34am
Another Pop n Drop.
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