Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Time is running out...
View:
Post by sunshine7 on May 01, 2016 7:13pm

Time is running out...

for the shorts and they feel it. Pulling out all the stops to cover while they can. First the chicken farmer on the day of the AGM followed by the FT nonsense piece. Likely something else to follow in a lead up to 1Q16 financials and potential buy out. The exits are getting crowded and THEY are looking for shares to purchase. Trade volume is not an indication of shares sold, merely recycled shares traded for pennies. Remove your stop losses as THEY will be looking to take them out. Could be a wild week ahead. GLTA
Comment by Craigbad on May 01, 2016 7:41pm
Bnn showed a chart the other day which showed that shorts weren't running for cover. They actually doubled down after the takeout rumor. The short interest on the chart showed it running around 5% in March and has ramped up to near 25%, which is 5 times where it has been. Most of the shorting has been done in the $30-35 area and spiked when the price did. The people shorting at this level aren ...more  
Comment by digitel on May 01, 2016 7:45pm
This post has been removed in accordance with Community Policy
Comment by Craigbad on May 01, 2016 7:52pm
One certainly has to consider that people making such large bets against the company are paying for prescription statistics information and are betting against the quarter with their eyes open, otherwise it would be follish.
Comment by sunshine7 on May 01, 2016 7:54pm
May not make any difference to these guys. Note heavily shorted NHC which fell after (very) good ER. Why... because they can.
Comment by sunshine7 on May 01, 2016 9:05pm
Maybe I should have finished the story... Fell 10% followed by a 35% increase.
Comment by StevieCohen on May 01, 2016 8:21pm
You realize even if the short interest is 20% there is 5 times the money betting the other direction right?  These guys aren't in it for pennies, god you're are a fuucking dumb shiit.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities