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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Sh!t Show's over...
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Post by sunshine7 on Jun 03, 2016 11:08am

Sh!t Show's over...

everyone back to work. After the great tsunami, thinks have settled back into a new normal. VRX, iBB both down today so no surprise CXR would trade down a bit as well. A lot of carnage left behind from yesterday - stop losses, margin calls, emotional scars. IMO this is a last call for shorts to cover before the final phase of the auction is announced. Flip a coin on that. In the long run, CXR will be worth more in the coming year with or without a buy out.
Comment by Marcel7 on Jun 03, 2016 11:19am
I think the words "new normal" are pretty dangerous with CXR :) . The volatility on this is off the charts, and every time I think it will settle down things get even crazier. Normal for this is stock is insane volatility with a large dose of market manipulation. Shorts are taking advantage of a lack of news and the inability of the company to respond in detail due to ongoing talks. I am ...more  
Comment by BagHoldersANON on Jun 03, 2016 11:31am
This post has been removed in accordance with Community Policy
Comment by Craigbad on Jun 03, 2016 11:44am
If anything i think shorts will wait until the last company walks away from the table and "leak" the news. Looking bleak for a buyout at this time, and another negative news release could kill the stock in the short term. The buyout possibility only spiked the price short term so it didn't really help longs, just traders, but if they don't get a deal at this point, Its gonna get ...more  
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