Concordia Healthcare Corp. T.CXR.R

Stop The Panic, Things Should Be Fine

[HedgeFunder]

Two things:
1. Vast majority of price gaps get closed, so will Concordia's Gap Down. It will be closed. You're looking at about 80% upside from here within 3 months which would bring price to around $21.
2. Accumulation is already in progress, which is visible from today's candle, improving chaiking money flow, and RSI being oversold also helps. So, should be fine, just stay tight, don't panic.

[MustardTiger88]

What are you on about?  You posted 20 minutes ago saying the stock is going to $0.  Did you forget to log into your short account before typing that or something? HedgeFunder says: "... so far with failing Concordia Healthcare stock?  Looking back 12 months, Chaikin Money Flow clearly indicated heavy selling was in progress. Whatever few 'bullish' days CRX had, we can

[HedgeFunder]

It's going down to 0, but not soon, meaning you will be able to exit profitably.

[DanKwong1958]

If you say going to zero, what would make it go up 80% as you said?  There is no optimism for Q3 it doesn't seem.

[HedgeFunder]

The price gap will get close. If you look at your chart, from this price level shares need to rise around 80% to close the gap. And they will. And yes, the Concordia will eventually go to 0 UNLESS CEO is fired, board of directors replaced, and new serious strategic plan puy in place. Now, there is a third option: remember what happened to Linkedin? It collapsed like Concordia in one day, and then