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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Im going to lose my shirt
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Post by BullishBaytix on Apr 21, 2016 2:03pm

Im going to lose my shirt

I bought it on pure speculation, and the news of the rumours... Now its halted, and there would not be takeover news happen that fast after the rumours would there????
Comment by patenright111 on Apr 21, 2016 2:05pm
DEPENDS ON WHAT CXR WILL SAY - CONFIRM OR DENY THE RUMOR - COIN FLIP NOW
Comment by BullishBaytix on Apr 21, 2016 2:09pm
True Paten... big risk on my part, but I just happened to sit down and see this going on and BAM next thing I knew I bought... Seriously though, I bought and put in a sell at $39.75 just to make a quick 15 to 17,000.... I didnt expect it to get halted again right away almost. They are either going to squash the rumours, or there is something going on.. I find it odd they halted trading just to ...more  
Comment by f_the_bankers on Apr 21, 2016 2:12pm
i'm praying for you,, bullishbaytix. sincerely.
Comment by BullishBaytix on Apr 21, 2016 2:15pm
Im litterly shaking and I can hardly type. My stomach hurts. This is going to be a big letdown if it doesnt go... but I suspect there is something going on. If it goes sour, Im still up over 300k this year on stocks, so -120k Im still way way up. No worries, and I have other holdings, not my entire wad on one company - just 50% or so lol.. all the best and good luck everyone !!
Comment by patenright111 on Apr 21, 2016 2:17pm
GL BULLISH - I WAS DEAD ON ABOUT TAKEOVER RUMOR ( MY $60 CDN WAS KINDA JUST THROWN OUT THERE BUT THAT IS REASONABLE) .
Comment by BullishBaytix on Apr 21, 2016 2:21pm
to let you know just how crazy I am... I know nothing about this company, and have never owned shares. I bought and sold VRX once way way back for a quick flip, but never did anything like this at all ever in all the years I have been trading stocks... LOL, Im one crazy SOB !! 
Comment by patenright111 on Apr 21, 2016 2:24pm
WOW - U R CRAZY MAN !!! CXR IS ACTUALLY UNDERVALUED SO EVEN IF RUMOR IS FALSE AND GOES BACK TO 30-32, EVENTUALLY THIS WILL SEE $50-60
Comment by BullishBaytix on Apr 21, 2016 2:27pm
1.6 billion market cap, and I know they paid 3.5 billiion for a company not that long ago... apparently they do the issue new shares and buy a company thing like Valeant does, and the CEO used to work for Bioval so its all coming together for me now... but it would appear the shares are sharply undervalued.... $60 US would be nice. I would net a massive gain. Lets see what happens. Im still ...more  
Comment by Zerosum on Apr 21, 2016 2:26pm
I thought it was really weird John Z recoed this on BNN a week ago. As to Fluff... I'll take it.
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