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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by argentia77on Aug 12, 2016 6:57pm
421 Views
Post# 25137820

There were numerous signals

There were numerous signals Like many other longs I'm down significantly at this point. Really have only myself to blame. First mistake was getting to heavy (30% of portfolio) on a high risk start-up. Then there were all the numerous signals to get out, beginning last September after VRX's problems took hold. Reason I didn't bail then?  Part denial, part greed, part believing the hype. I'll mention just three alarm bells that rang pretty hard in the back of my mind that I should have listened to. First one was when company insider Kapinsky or whatever the f*** his name is sold 50-60 thousand shares late last year when the sp was around $58.  A second was when CEO MT transferred all his million plus shares to a numbered account in the Caymans. A third one was the brexit outcome. There were many more. All the while MT kept saying trust the company and shareholders "would be rewarded". Many lessons to be learned here. It's possible the sp could bounce back up to the high teens in the next month but I'm not holding my breath. Time to move on. GLTA.
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