Concordia Healthcare Corp. T.CXR.R

IBB index

[greatplay]

Recent behaviour of Concordia is 100% connected to IBB, we are following it; some days go much lower than it, like yesterday, others overperforming close almost positive like before yesterday

Interestingly about IBB, it went below 200 days yesterday and tests 50 days today; also tried to go above 200 days today

But there is a good news, we are just testing, because 50 days are moving towards 200 days and most likely will create Golden Cross, which implies stock will go above 200 days 

Since Concordai has good correlation to IBB, we will follow it

[LaticelnExile]

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[greatplay]

Because we will over perform IBB; Concordia is in total bottom, but not IBB; it has Gold cross forming there

[LaticelnExile]

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[greatplay]

I still think Nortel was killed by US competition and Canadian Government was weak and didn't offer a hand, it was a big mistake by Canadian Government; lost so many IT jobs as result. Why? If you followed up Nortel up to today, you may have heard that each year it continues to sell patents and not small ones 2 bln this year, 4.5 bln before, almost every year. Somebody continues to make

[LaticelnExile]

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[PROtrading]

And that ladies and gentlemen, is an example of a scumbad, 2bit trader.  A really bad response to a very good argument. Try again lady.  Don't get all caught up in your panties. Come on guys. Greatplay, I agree with you that Concordia is looking like it's at the bottom but it's not coming up.  RSI of 20, we crossed bullish MACD but OBV is neg.  Charts says this

[Craigbad]

Its crazy that people are so married to the stock they can't see this. The risk reward on this is off the charts to the downside, and there are thousands of great stocks they could be making a fortune on. Some people are so set on being right they risk losing it all in some sort of alternate reality. Stock has been floating around a 20 rsi for over two weeks, if that doesn't tell a story

[greatplay]

What about you? Why are you here? if there are so many good stocks out there? Don't like to hear that stock is came to bottom, you want to go it more? It won't happen; only up from now on...

[Craigbad]

Just waiting for the next bomb to drop. Was late to the short party, but have a huge gain in a very short time, but theres lots more to come. Theres a bomber circling overhead, just waiting for the bombs to start dropping for the next gap down. 

[PROtrading]

That's why I like you craigbad, in a sea of scumbag 2bit manipulating traders here, you shoot straight.  You're short and you are willing to defend your position.  Question for you, when you buy to cover your short position, do you plan to go long?

[Craigbad]

Wouldn't even consider a long position for at least 3 quarters. This really is a company on the edge and so many things that could blow it over at any moment. Deadcatbounce traders should star exiting now as we didn't get one, then another 52 week low should send it down more. Funds won't buy because the leverage is too high and any competition, pricing pressure, or Donnatal getting

[88guy88]

Thanks for your concern Craigbad!......I know that you are really concerned about the success of my investment portfolio....LOL.....everyone who posts has an agenda that is self serving and we all know your position.....by the way mine is long

[PROtrading]

Because that's not how investors think Lattice, they get hooked on their stocks and  think "I have $30K in this, it's down to $10K, I want to make my money back" The more experienced investors/traders think "I've lost $20K, now where's the best place to put my $10K" Short sellers like you think "Man, I've made $20K off these investors that didn