Concordia Healthcare Corp. T.CXR.R

Valiant down 8%, concordia down 3.5%...

[TomWToronto]

Not a good day considering markets are up...

T.

[visionaryfool]

Its the NYT's article: https://www.nytimes.com/2015/10/05/business/valeants-drug-price-strategy-enriches-it-but-infuriates-patients-and-lawmakers.html?_r=0 Funny thing is that Concordia's latest acquisition will diversify it beyond US. Its getting caught in the shiat-storm that is US politics.

[RusticHit]

Ya Media and lawmakers are trying to Push these companies to reduce the Prices of Drugs and that will have to happen to do business in US ,,specially if ur Canada Based Company ,,i think Stock will churn around here for long time now until some clearity is possible.

[foxhunter10]

Yeah, today it's down because of that article that gets a lot of readership. Once media stops with the sensationalized headlines and everything goes back to normal we will see the upward trend again. The fundamentals of the company are still the same (solid) and the pricing increases/US involvement has minimal effect on a company like CXR. Until then, it's just frustrating to watch