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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by MrHuloton Feb 22, 2017 11:57am
209 Views
Post# 25877546

RE:Oh This Stock

RE:Oh This Stock

Rodney, the only reason I put that old target from RBC is to show you how wrong the analysts have been on this stock. 15 months ago a target of $77 USD. Today $1 USD. Which is the truth? I bet neither. It’s probably somehere in between.

The only risk here is bankruptcy. If you beleve that a Company that paid a $120 CDN million earnout on Feb. 1 with “cash on hand” is going bankrupt, then sell.

 

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