Concordia Healthcare Corp. T.CXR.R

Understanding shorting sell and CXR

[Danwesker]

Hey guys,

I'm a pretty new retail investor and just wanted to clarify on short selling because it has been mentioned so many times on the board.

I think I understand the general concept of short selling but please correct if wrong. It is when someone borrows shares bought by someone else to sell at a lower price. The short seller makes money when the price goes down.

I'm just trying to understand from a fundamental level, how does short selling put pressure into making a stock price go down? For example, a stock price usually goes up when there is greater bids then ask, greater demand so more buying and willingness of people to pay higher stock price. How does it work for short selling and how does it influence the stock to go down?

Full disclosure on my end, I bought CXR shares at $60 last year and then it was a massive drop. Currently holding at a pretty big loss, I'm just trying to figure out what is the best thing to do right now:

A) Hold and wait till it reaches $60 or higher then sell

B) Buy at current price or lower to average down

C) Sell now and take a loss

1) What do you recommend and reason?

2) What are the bullish and bearish outlook on CXR? Such as what growth potential, return vs risks, debts

3) Please feel free to contribue any other information you may find helpful, thanks.

Dan

[StockPicker88]

If you hold a full position already, never add to your losers. That should never be an option. I would hold on since fundamentals have not changed. But if you are uncompfortable i receomend you to sell half of your position. Do not let stock market take control of you. Your health comes first. Fundamentally, it is still a strong company. The stock chart is just too ugly. Somebody is selling. Let

[PROtrading]

Hey Dan, I chat with a lot of novices.  The general public are novices especially against the sharks on the streets and these boards. Best option you: HOLD!  Don't sell, don't buy.   And if you really want to do something, Buy here.  So say you put in $5K at $60, put in $5K now at $30,  your average will then be at $40 per share. Once the stock hits $40, look

[purse]

here's what I seen today from house 33 on level 2. for example, if the stock was 31.63 then house 33 had sells in at every .05 intervals, therefore at 31.65, 31.70, 31.75 31.80, 31.85 ,31.90. As the stock price came down, lets say to 31.28, then the sell orders were at 31.30, 31.35, 31.40 and so forth. These sell orders were real not fakes. They sold over 273,000 shares just today

[Danwesker]

Thanks StockPicker 88, PROtrading and purse - appreciate your guys thorough and very helpful replies!

[1nt2Trade]

Great post PROtrading if you published this content all the time I'd be foilowing you around 5 starring.  Hard to believe but I agree with pretty much your whole assesment.   The L2 bid ask data means little now on most stocks especially highly volitile manipulated ones like CXR.  I mostly use it now to assess when/whether to sell at market to avoid slippage but thats not

[PROtrading]

LOL, you only like negative posts.  But if you only posted good content, I wouldn't be such a critic of yours as well. Also L2 for retail is next to useless since it doens't include dark exchanges. 22.2% of the volume today for CXR was done on dark exchanges.  The things setup by "the street" for "the street".