RE:PE Expectations Revised I don't know how money managers could explain this manipulation and non macro volatility to their clients.. It is easy to explain brexit and other events that cause volatility on markets but manipulation volatility is not possible to explain. I am afraid we will see more margin calls and MT gotta have serious explanation if CXR underperforms IBB.. Brexit or Bremain, people and gov will spend on drugs.. I can see downside scenarios for industrial and consumer stocks but not health care sector as same for utility stocks in case of any economic slowdown.. Strategic alternatives reviews just a shady shadow over Concordia.. There is only 3 companies I can see investable in TSX if CXR goes private or bust.. Concordia needs to clear up its reputation. CB
sunshine7 wrote: Reading today how we are in a low growth period globally that may run for another 10 years. That is low inflation, low interest environment where investment returns will be low single digits, or negative in some cases. CXR forecasts over $600M USD in 2016 and high single digit growth. Paying $6B for the company gives 10% ROI with growth. Market does not appreciate CXR enough at this time. Enough time has been given. Time to go private.