RE:RE:secured debt now 89 cents on the dollarMeetoo; I've put all my money in CXR, and I don't know what to do. I keep placing "sell" orders @ 1.07, 1.40 etc., and then cancelling them a few minutes later.
How confident are you that CXR will one day reach, at least $5 per share, and that I shouldnt sell at $1.40?
I mean look at Valeant. The analysts once said that it was going to go under but now they're saying it may reach $90 price target by July 2018. Though, Concordia's growth strategy is different from valeant in that they don't pursue R&D.
Please advise. Can you outline presicely what the best and worst case scenarios are?
Thanks in advance!