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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > To the shorters posting $3 target
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Post by onward1 on Oct 13, 2016 9:22pm

To the shorters posting $3 target

Aside from it being silly, made up "target", think about it for a moment: it would mean the downside is a couple of dollars compared to the potential upside which would certainly be greater. When it comes to risk/reward trade off going forward, I like my bet on the long side.
Comment by HamSandwich on Oct 13, 2016 9:28pm
Based on logic like that you should go put your life savings into pennystocks
Comment by Craigbad on Oct 13, 2016 9:40pm
lol. Heard the same arguments when the stock was over $20 telling me "shorts have to cover". If i see 100% downside from any price, I'll stay short. When a bag of debt ends a strategic review by adding another bag of debt after deferring payment on an asset that should have been able to pay for itself things must be pretty dire. The companies actions speak louder than their reduced ...more  
Comment by thedave2006 on Oct 14, 2016 9:54am
...and calling from luckypower cxr was a great buy at $10-$12.  now what luckypower, his ids and cohorts?  as for $3 downside target, as each day passes, sp is telling you new 52 week lows keep on happening, one day for reatil dont know for pros, unshortable and/or unmarginable, at $3 or $5 or something like that also in addition to funds getting out of name based on many factor if not ...more  
Comment by LaticelnExile on Oct 14, 2016 10:07am
This post has been removed in accordance with Community Policy
Comment by PROtrading on Oct 14, 2016 10:09am
These analysts at these banks are the biggest clowns of the markets! The make stockhouse bullshitboards look clean!
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