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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Don't blame the SHORTS please
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Post by fdfd12 on Feb 10, 2016 6:39am

Don't blame the SHORTS please

Something is not right here (again).
When the IBB is flat and we are down 6% (on HIGH volume), one starts to wonder if
something hiden is wrong here.

I start wondering that the cashflow of 350M / year which makes it 87.5M / Q is
not going to materialize.

Maybe the cashflow will be $70M / Q and that will be less than projections and this price
drop and high volume is a sign that will materialize.
That instead of paying down their debt in 7 years, it will take 10 or 12.

The market is talking and maybe, we are not listening that something is wrong here.

Don't blame the shorts again please.
The shorts would exist with Clinton tweet and price at $110.
Not when price is $40 with $6.50US in earnings.

Shorts are not stupid. They don't short anything.
Comment by puma1 on Feb 10, 2016 7:24am
imo this just is not a market baking in fundementals. It is technicals and money flow is still out of everything but telco's from what I see. If u want some kind of confirm on fundementals, McCreath talked to mgmt last week's and commented that all on track
Comment by fdfd12 on Feb 10, 2016 7:26am
On BNN? Where did you hear that? Do you have the BNN link? Thanks, that would be good news.
Comment by puma1 on Feb 10, 2016 9:18am
it is on his Forge First web site under commentary. fdfd
Comment by cashflow98 on Feb 10, 2016 9:30am
Here are McCreath's comments : We continue to own several health care stocks, two of which performed poorly during January Nobilis Health Corp and Concordia Healthcare Corp. Recent conversations and meetings with managements of both companies has served to reinforce our conviction in the fundamentals for both companies.
Comment by cavinsin on Feb 10, 2016 7:55am
fdfd, something hidden is wrong here??? you say, Like what?? Are you suggesting 4000 individual trades last two days, of 100 or so shares, each, they all know something is wrong, and non of us on this board, doesn't know, I totally, disagree with that statement, I don't have any insider information, but I do know how to find some information, if I have to. I am not aware of anything that ...more  
Comment by fdfd12 on Feb 10, 2016 8:03am
Something is wrong here means as I mentioned  (EX: cashflow instead of prjected $350M/Year it will be $275/Year. Therefore, to pay off the debt will take 12 years instead of 7 or 8. What happens is that the market senses this. It really isn't one person in particular that senses this. It really is the stock price. Once the stock price unexplicably starts falling on high volume like this ...more  
Comment by sunshine7 on Feb 10, 2016 9:14am
You are right in a sense. There is more net selling than buying (obvious). Sellers include funds experiencing withdrawals, margin calls, hedge fund liquidation, sovereign wealth funds, nervous nellies and of course the shorts. The buyers include, well, the few willing to call it a bottom and have cash to nibble. Institutions and insiders own over 50% of CXR 51M shares, so the short/selling effect ...more  
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