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

TSX:CXR.R - Post Discussion

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Post by deezNutz on Nov 15, 2016 10:05am

Dump time

Stock price has been plummeting for the past year. A small pop is surely going to occur from time to time but the longer term trend right now is down. I agree with whoever mentioned it before that the stock behaviour is very reminiscent of PSG. I see this around $1.50 or less within 1-2months.
Comment by greatplay on Nov 15, 2016 10:08am
Hopefully you put big money where your mouth is :) I did, on long; the only thing sad and I wanted to close yesterday (expected a small retrace), but was afraid to miss a big morning gap... so kept long...
Comment by greatplay on Nov 15, 2016 10:09am
as result, I missed an opportunity to increase position further (buying more shares on the same amount)
Comment by deezNutz on Nov 15, 2016 10:27am
Of course i have money on this, but my play is short. I hope the best for everyone in this but this Stock is getting beaten down so hard its unlikely it will turn itself around in the short term, I feel like it hasn't bottomed yet. Just my opinion. Not trying to bash, just looking at the trend that's all.
Comment by greatplay on Nov 15, 2016 10:39am
Ok... Good luck on your side... bottom was in. Volume was the biggest on up days.. Also stock had 4 soldiers, it hasn't done it since 2015, when stock was trading in 70's, even that time soldiers were small...
Comment by SteadyHandsStan on Nov 15, 2016 10:41am
LOL.  Too bad you weren't in the oils today greatplay ...   This stock has made a fool out of people trying to catch the bottom.  After each pump it goes to lower lows.  Although I must say, even by small-turd standards, this was a pretty good pump by all counts!   
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