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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Shorters lose 50 % margin under 5 $...so good level ...
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Post by fundtrader on Sep 19, 2016 9:48pm

Shorters lose 50 % margin under 5 $...so good level ...

Shorts position over 16 million shares official...so if they have to start covering over 5 $ us watch out...
Comment by TheGreatKazoo on Sep 19, 2016 9:57pm
I think you have this backwards, longs lose margin and have margin calls. .  Shorts don't own the stock, the margin is generally setup at the short sale.  So if you short sold 1000 shares at $20, you would have needed 150% so $30,0000 As the stock plummets to $5, if they add 1000 shares at $5 for a total of $5000, they need a margin much lower so $7500. It any longs on margin are ...more  
Comment by fundtrader on Sep 19, 2016 10:02pm
You have is completely wrong...shorts as well as longs both use margin over 5 $...Short sales are huge ..no wonder why it does not break..if it does, it goes back again..we shall see..
Comment by Buriedincxr1 on Sep 19, 2016 9:57pm
Short as of sept 1/2016.   10700000 roughly.  Where did u get 16 million 
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