Concordia Healthcare Corp. T.CXR.R

Up Up And Away

[TheRock07]

Just a precious few days left for the desperate shorts to cover.

Notice that RBC after market buy yesterday ?

They have a $68 target.
Wont be long now..

[cavinsin]

Rock, I hope they don't cover until Kaboom,

[merts01]

thanks Rock Appreciate the info your providing this thread - will keep adding down here Amber Kanwan on BNN just said she digging deeper into the FT article as she was getting tons of feedback from viewers on those allegations. Im losing alot of respect for BNN these days  cheers  

[greenpasture]

Exactly right. Another day like Apr 21-22 will jump this to 45-46 in a heartbeat for the #2 move. Love the action on this one especially what they did yesterday on the move back aft er 1 pm. Will see if we get that chance today into the close to add.

[Stockcoach1]

Unfortunately yesterday's move was all FX related. CXRX was down but CXR was up 41 cents. The US dollar was stronger by 1.5% thus making the Canadian price stronger. Some more of that happening today as the US dollar is up another .57%.   

[Stockcoach1]

Since I posted this the US dollar has increased by a full percent on fed talk of a rate hike in June. This is good for the Canadian SP of CXR. The higher the USD the higher the buy out in CAD. Every percent adds value.

[fdfd12]

Totally agree on the buyout price. Not on the veryday price since there are more shares traded in CAN for CXR. Because of this, I think CXRX only follows us. MOST IMPORTANT. IF and when there is a buyout day, we need our $CAN to tank. the lower it goes on that day, the better it is since the offer will be made in US $

[select1011]

This post has been removed in accordance with Community Policy

[sunshine7]

so tell me Select how a jerk statement like yours gets 5 stars?

[greenpasture]

Yes thanks, factoed that in. Just saying there was an opportunity yesterday and another one today only today they pulled this back who were the open earlier in the day. I think we have a bit more to do with this then just the US dollar moving up although that certainly helps. Sector rotation, sector oversold , cxr oversold along with a few other health related, to mention a few reasons why this is

[Silverbull13]

This post has been removed in accordance with Community Policy