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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > We'll end in the red guys
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Post by PROtrading on Nov 04, 2016 11:02am

We'll end in the red guys

Good for people with short positions, bad for people with long positions.

Q3 will be a disaster, insiders would have been buying otherwise earlier this week but they were dumping!!!!
Comment by cg16 on Nov 04, 2016 11:51am
PT, why are the US guys holding the stock down today? If they know the Q3 is bad, shouldn't they be letting the SP drift higher so they can short from higher up?
Comment by PROtrading on Nov 04, 2016 12:16pm
They are but there is no volume so the large shorts are just sitting tight because as they have said they are "plugged in" to the prescriptions and they know the mountain of dirt is too heavy for this ship.   I'm flying my little trading jet with instruments.  These US based shorts (ex-institution and institution) have bombers with massive crew and research.  ...more  
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