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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > concordia short position |( short squeezed)
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Post by fundtrader on Sep 06, 2016 3:52pm

concordia short position |( short squeezed)

Concordia Healthcare Corporation $ 7.95
CXRX (NASDAQ) -0.23
Short Interest (Shares Short) 12,590,700
Days To Cover (Short Interest Ratio) 6.1
Short Percent of Float 5.60 %
Short Interest - Prior 12,251,900
Short % Increase / Decrease 2.77%
Short Squeeze Ranking™  
% From 52-Wk High ($89.10) -90.82 %
% From 52-Wk Low ($8.14) 0.49 %
% From 200-Day MA ($23.53) -65.24 %
% From 50-Day MA ($13.96) -41.39 %
Price % Change (52-Week) %
Shares Float 39,234,100
Total Shares Outstanding 51,020,000
% Owned by Insiders 0.00 %
% Owned by Institutions 0.00 %
Market Cap. 405,609,000
Trading Volume - Today 540,476
Trading Volume - Average 2,070,000
Trading Volume - Today vs. Average 85.29 %
Earnings Per Share  
PE Ratio  
Record Date 2016-AugB
Comment by Craigbad on Sep 06, 2016 3:59pm
Still waiting for a list of reasons why anyone would cover a short position. If i see a list i cant pick apart, i might consider it. The recent 40% pricing decrease just confirms next quarter will be worse than expected in my mind. This just keeps getting better. 
Comment by oceaneleven on Sep 06, 2016 4:09pm
with the negative lawsuits and accusations made here against company there is no win win here for quite sometime.....a new 52 wk low set today again....and more to come...this stock will most likely get down into the 4 buck range but don't rule out 2 bucks....oh boy, any longs holding out for some cinderella story in the mkaing better think twice........forget the falling knife, think " ...more  
Comment by Ellesse on Sep 06, 2016 4:41pm
Agree Oceaneleven..... Just a matter of time we will see below $9.00 by the end of this month.... Nobody knows where is the bottom now.... Good luck.
Comment by Ellesse on Sep 06, 2016 4:43pm
MT MUST RESIGN NOW.............
Comment by PROtrading on Sep 06, 2016 6:01pm
OMG and I agree with the pennystock scammer here!  Freaking scary! I have to go take a shower now, kinda feel a little scummy for some reason.... LOL
Comment by notwrong on Sep 06, 2016 6:07pm
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Comment by Craigbad on Sep 06, 2016 9:01pm
Still waiting 
Comment by LaticelnExile on Sep 06, 2016 9:31pm
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Comment by LaticelnExile on Sep 06, 2016 9:34pm
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Comment by Craigbad on Sep 06, 2016 9:41pm
I near fell out of my chair! It is the only reason so far though. Funny that the pumpers claiming an easy double from here, this is the bottom and "someone will gobble up 20 million shares" can't come up a list of reasons why a short would cover? Could they be looking to unload on the unsuspecting? Deadcat bounce gone bad?
Comment by LaurenceDaPill on Sep 07, 2016 12:13am
This post has been removed in accordance with Community Policy
Comment by oexel on Sep 06, 2016 6:25pm
These numbers dont make sense.  if 12.5M shares are short, that is 12.5/51 = 24.5% of shares, fully diluted, or 32% of float.
Comment by Craigbad on Sep 06, 2016 6:29pm
I have a feeling theres going to be a huge "long squeeze" as things keep deteriorating.
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