Concordia Healthcare Corp. T.CXR.R

Have I got this right?

[Cirrus]

Aug - CXR had a market cap of approx. $US 2.6B

Oct - CXR purchased AMCo for $US 3.5B

Oct - combined CXR market cap is $US 1.6B

Wow!

[TechTarget]

Yep!  You are buying at $6B USD company for 1/4 that price!  And there's no rush to do so!  yet... ! ;-) This volatility is making me a fortune as a new aggressive short term investor.    The last thing you want to do these days is "buy and hold" an overvalued company.  Although doing "buy and hold" does really work well when you can pick

[sunshine7]

Agreed, but what are buyers waiting for? Buying interest seems to be weak this am.

[ruben12345]

Few analyst have stated they are not sure CXR will surive... this might be a source

[retireme@2016]

If any analyst is saying that, they shouldnt be analysts, or they are trying to gain from it.

[JustforFun7]

not a lot of interest in crx in the US,  this seems to be a cdn play for the most part.  volume says they are playing it cautiously. JFF7

[bullchart]

Not really seeing that from here. Selling drying up as they fool around 40-41. Index up, VRX not selling off and holding it's own, cvs in the green, etc. I think a lot of us would like to play this between 35 and $40 but I still say the weekly swing looks like it is pretty solid with lower volumes on retracement. Day still young but still showing $40.06 as a good day base..... So far that is.

[greenpasture]

Bullchart wrote: " not really seeing that from here" I agree with you bullchart, it sure looks like the low of yesterday and the low so far today are in support of that $40 level. It appears that some on here are looking at the analyst forecast numbers and not giving this a chance to form a good base. Only day 4 from the sell off. Doing very well IMO