RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PJIf your orginal post was meant for Craigbad, I'm sorry I lashed at you. However, that forward-looking thing you said makes no sense in general terms if applied to the markets. Of course TTM and forward PE are considered. That being said, 50$ or 58$ makes no sense either way I think. You have to remember, these headlines are possibly bogus. Don't you think it's quite a coincidence how everything started to come out just this past week ? I mean, first we are kept in the dark for a month, no news get leaked at all, and then all of a sudden: Armageddon.
The political pressure ? It comes around in a cyclical manner. In the US, think about Hillarycare in 1993...think about Obamacare in 2012. Healthcare is always a heated debate during election time. They talk to it in every single election and make superficial changes more than anything else.
In the UK ? The NHS is as liable in this ''fiasco'' as the pharma industry. They knew about the loophole, obviously, since they let it happen, and took on the drug prices as they were. There may have been abuse, yes, but will this be the end of CXR ? No. We offer a wide range of products at competitive prices, and the NHS is free to look to alternatives, as I'm sure they do, if they wish so.
This whole scandal will fade away. Believe me. And to think that PE is not thinking in longer terms than the short-term gang is outright ridiculous. They've been around long enough and they know that it will pass because they play another game completely. Their idea is most likely to take this company, make it better, and make another IPO down the road with it when things are green again.
terminator007 wrote: CNInvesting..I never said 50 cad would make sense. Please see my previosu posts. But with 58 cad, it may be wise to close a deal at this point with so many bad news and political pressures.
Every1 knows that healing would take a much longer time. Too much damage is done.
CNInvesting wrote: FYI the Willy message was meant for Craigbad, not me. Also, I know those metrics very well. I suggest you do some calculating of your own and see if those numbers add up with a price of 50$ CAD.
terminator007 wrote: Let me ask you, CNInvesting, ever heard of TTM PE and Forward PE? I'm sure you moron did not.
Go play some paper account first b4 investing in CXR. You definitely need attention from someone to teach you a thing or two.
CNInvesting wrote: Forward looking by a year or two ? The stock market can't even think forward two weeks. God you're an idiot it's incredible how you're naive. Why do you think market correction happen ? And crashes ? And recessions ? Because the market is an all-knowing entity ?
Of course a BO never happens at the market price, which is why I told this Craig dude how thinking that market was pricing CXR correctly was an idiotic statement. Wow just wow. You're full of it.
terminator007 wrote: Someone please tell CNInvesting that stock market is forward looking, by a year or two when it comes to BO, but BO never happens at the market price. hopefully, he is learning though!
WillyWally wrote: I'm not sure if he really believes in what he's saying or he's just here to spur nonsense, like when he said it's OK to disclose insider information to the puclic as long as you don't trade on it. Right. Another great truth from this guy. I guess he also thinks that GE could have be sold for USD$7/share back in 2009, yes no problem the board would have approved because it was deemed being worth that price by the market.
CNInvesting wrote: Wrong. It's NOT worth what the market deems it and that's the whole drama around this stock.