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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Pro? You covered? What about "shorting to zero"?
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Post by smallshort on Sep 30, 2016 12:18pm

Pro? You covered? What about "shorting to zero"?

I'm a little worried here. We're up 3.5% 

Isn't it this just oversold relief?
Comment by PROtrading on Sep 30, 2016 1:00pm
Are you following me?  You shouldn't follow anyone.  I'll explain my reasoning here but it's not to convince you.  Read the fundamentals and read the technicals yourself.  If you following *anyone* here, you will lose as much money as they do.  Or worst LOL 1. This is a flaming dumpster so "shorting to zero" is the mode of operation.  But that ...more  
Comment by smallshort on Sep 30, 2016 1:10pm
OK, thanks.  I'm looking at the charts and I'd say you covered too early.  I see it as 100% oversold relief....  It doesn't have the consistent candles from my perspective to give this any credible uplift indication although that 30K buy block at 11:28 could be a sign.... I'm with Craigbad on this and holding short.   The downside potential is too high.
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