Concordia Healthcare Corp. T.CXR.R

Brian Acker

[retiredcf]

Last stock in the clip. IMHO, he's becoming a bit of a joke. As you can see from his comments below, he has a $90 model price but following a lot of gibberish, he only sees it getting to $51 in the short term, however, he still doesn't recommend it. GLTA

https://www.bnn.ca/Video/player.aspx?vid=825120

CXR-T 2016-03-09 DON'T BUY Brian Acker, CA
 

A tough one because a lot of people don’t understand what happened to this company. It was trading at about $115, and all of a sudden here we are at $42. The company did an acquisition that was too big for its balance sheet. They substantially grew the balance sheet relative to the earnings they are taking in. Now they have to work their way out of this big acquisition. There is a lot of goodwill on the balance sheet. Has a model price of $90, but if you are bullish on the stock, the best he can give you is $51.

 

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Price:

$43.170

Subject:

NORTH AMERICAN - LARGE

Bias:

BULLISH on US$

Owned:

No

[notwrong]

This post has been removed in accordance with Community Policy

[steeeven]

I will take Jason Donville's acumen over Brian  Acker's anyday. As an aside, technically CXR is starting to look good, just passed the 50 day. If it goes north of $45, I'll add, south of $40 I'll subtract. Overall mkt seems more calm, that should be in the longs favour. Steeeven.

[investorted]

Mr Acker also said his grandchildren would never see $500 gold in his lifetime.  Google it.

[Pj1958]

NUTBAR.... Brian Acker also once said that his children will never see $500 gold... We know how that turned out for him. Like I said before... Sell your 100 shares in CXR and run