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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Craigbad's post fron nov 2015
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Post by fundtrader on Oct 19, 2016 8:11pm

Craigbad's post fron nov 2015

< this="" guy="" is="" a="" big="" scammer="" as="" well="" ..he="" thought="" 45$="" was="" cheap..now="" he="" is="" calling="" for="" bankruptcy="" within="" 8="" months...what="" a="" fukeen="" liar="" br="">RE:RE:$45/sh tomorrow? The stock should heal quickly if the market co-operates 1. Great quarter, numbers are fantastic 2. Technicals show a bullish triangle with a short term target of $58-63 when all other healthcare stocks are breaking down by the day technically 3. New acquisition has 60 new product launches planned to which news releases will act as share price catalysts 4. Trading at less than 5 x next years earnings, one of the lowest ratios of ANY stock let alone with its signifigant growth rate. Very minimal downside if any. 5. Short position built at $40, any signifigant buying pressure could cause upward capitulation closing these positions. i doubt there's any case here for a short thesis left, may be time to put some more cash to work here, if it breaks $40 on volume it can have a great run! Read more at https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-healthcare-corp-common-shares?postid=24287147#W3M2Xxe3D6wRqzHV.99
Comment by Craigbad on Oct 19, 2016 8:33pm
It was a pretty accurate target. If i remember correctly my $58 target hit! Lol Then management was exposed by lattice and I did more digging and joined the short side. The short side has been much more profitable and I posted all my reasoning. Once the stock broke $30 it was game over. My short target was $15 but management has done everything possible to drive it lower. Now its $2-3. Without the ...more  
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