So much negativity on this forum. take losses to make gains.Whats with all of the panicked fools pulling thier hair out after the quarterly earnings like concordia is in decline. Did you not read the reports? is revenue up nearly 90% since 2015? yes, operational expenses are high but many of those costs can be cut. Its all about cashflow, that why people take on debt and leverge their companies beacuse you need cashflow first before you can make cuts and turn it into profit. People get morgages when they can afford to outright buy their homes because it gives them more leverage to use their liquid cash to make other investments. Busniess owners take on termendous amounts of debt to pay for promotions, marketing campaigns and new renovations just to get in more customers and thus produce more cash flow. Thats why coupons exist. More cashflow = More profits. Positve cashflow = Current cashflow + cuts in operational expenses. You cannot have profits without cashflow.
The recent restructuring of debt looks good as well. 10 + upcoming product launches expected to generate at least 100 million per year. plus an additional 40 expected to produce 1 billion in within the next 3 years. I don't care how red this stock gets in 2017, i am a long because i understand the game. The biggest asset for any investor is time and i'm willing to wait. $20 price target.