Concordia Healthcare Corp. T.CXR.R

RE:RE:Trading at discount

[cashflow98]

cashflow98 wrote:

sunshine7 wrote: SP now under 5x 2016 EPS. Should there be a surprise to the upside on earnings guidance, it is even lower. How much of a discount does one have to see before the buyers return????

What happened when CXR released Q3 ?? Just a reminder, on that day, the stock popped to a high of 26% over the previous day's close and closed at 16% higher than the previous day's close --- up $6.09 in one day. So be careful trading out of your position as earnings day approaches. Especially since mgmt has only guided for $1.46 which is the same as the Q3 actuals which did not include AMCO earnings. I suspect we surprise to the upside. All IMHO of course. Good luck all....

Sorry correction, TD webbroker 7 analysts have estimated Q4 earnings for CXR at $1.46.