Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology


TSX:CXR.R - Post by User

Concordia Healthcare Corp. > 12 million share short poistion in US
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(7)
•••
Comment by wordlesson Jul 18, 2016 7:53pm
213 Views
Post# 25063526

RE:RE:RE:RE:12 million share short poistion in US

RE:RE:RE:RE:12 million share short poistion in USI don't think anyone is betting on a miss due to Brexit?  The FX rate was good for 90% of the quarter.  If they are banking ona  miss, it's not due to Brexit.

My guess is they are betting on materially lowered guidance for second half of the year and maybe some panic will ensue.  I personalyl think that is priced in already, but sheep do panic as you said.


The FX rate took a dive right at quarter end and that will actually serve to materially reduce the USD denominated GBP debt on the balance sheet. 



GoldBug024 wrote:
The shorts are all betting on an Aug 11 miss due to brexit, the sheep panic and sell, they cover.


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse
Later
Participate
Not interested