Concordia Healthcare Corp. T.CXR.R

the chicken farmer

[themangokid]

I dont know if it was just me, but the dude looked a little unsettled. His beef with CXR seemed to be personal more than anything else. I dont know if that has to do with his son's challenges and the expensive cost of healthcare in the states, but either way...

I'm almost positive if you gave the chicken farmer 2 more minutes on air, he would have transitioned from his bizarre Vancouver is 100% filled with criminals rant to something with a zombie apocalypse angle.

[JxEssence]

Actually, MT made it personal and it's going to be the nail in CXR's coffin. If a simple retired chicken farmer on twitter is so irrelevant why is MT making passive aggressive about him? Completely amateur behaviour by a CEO. Reeks of desperation.  Also, I'm in Vancouver right now and he's 100% correct. There is no real economy here, it's a resort town filled with the

[StockPicker88]

He's correct in the housing environment in Vancouver but his thesis does not support his short position in Home Capital. He blamed the government but government is not going to change. Liberal is out full force supporting this housing market with zero rates and lax immigration policies. As investos, we take advantage what social-economic trend gives us. Betting against HCG is like betting

[JxEssence]

Sounds identical to US housing bulls in 2007... there is tons of illegitimate subprime/private lending going on in Toronto and Vancouver.  Vancouver is the fraud capital of North America. I feel sorry for people born here who have basically become second class citizens sold out by their elected representatives. You believe in investing and supporting corruption, good for you, but it's not

[yycish1027]

I would concure with you on this point.  With the hype of jacking up the housing price, how could an average working canadian be able to afford a home?  However, I guess as real estate agent or car dealer shop, they would be happy to see those rich kid walk in with cash. so they could afford to live there. a reverse abusive cycle. 

[GoldBug024]

no subprime Lending risk in Vancouver. Asians bringing over straight cash homie

[StevieCohen]

This post has been removed in accordance with Community Policy

[GoldBug024]

The canucks will get Matthews Stevie!

[themangokid]

what's cohodes answer to foreign money supporting the housing market? and is he speaking out on behalf of Canadians or on behalf of his HCG short?

[Lattice]

This post has been removed in accordance with Community Policy

[StevieCohen]

He doesn't even know how to be a proper chicken farmer, what a confused soul.  Also, Lattice, how many times a day do you stick your own penis up your asss?

[Craigbad]

You have to wonder if the bloomberg leak was manufactured by Concordia as Cohedes suggested to turn around the shareprice. Kind of makes sense. If someone was serious about buying the company at a premium price you would think they would be buying shares like crazy in the public market at these levels. If i was serious about buying shares at $60 in a takeout, i'd be salivating and buying as

[visionaryfool]

That's not how buyouts work. Primarily because there shares traded are small compared to float. So if you started buying shares, the market would pick up quick time and the shares would spike. That's why NO ONE does it as it is always more expensive than a complete buyout offer. They'd have to be buying for months to have a position significant enough to care.

[sunshine7]

commitment to buy a company is only done AFTER review of audited books. Also, buying shares of a company is risky should the BO talks fail. The shares would then need to be dumped, possibly at a loss.

[YouLose]

Sunshine hit the nail on the head. Buying shares of a company is risky should the buyout talks fail. If buyout talks fail these shares will need to be dumped and I would say probably, not possibly, for a loss. YouLose

[Lattice]

This post has been removed in accordance with Community Policy

[puma1]

come on Lattuce  - his comments were entirley expressions of opinion, nothing else. he clearly does not like the board or mgmt and he formed his opinion not on the basis of CXR but long before when he was fighting with Biovail. using his own  logic ,namely if you were near a problem then you are guilty by associaition, he should also have stated in the interview that no one should

[adamchess]

I guess BNN is desperate for viewers and sensationalism for them to bring in these short and distort sheisters. Congrats BNN for your brilliant slant side reporting. Who next to ask for their opinion? Since when do we attack people who are bringing medicine to help people? Is that why they get into the medical field? Go Raptors!

[JxEssence]

Ah yes, I have been checking in onValeant for a long time. I think I remember some of the fireworks when Left opened Pandora's box. As for Cohodes, he is loaded, sure he'll make some dough but he is doing a public service for this spineless country. I knew you'd have a soft spot for horses. Good chatting with you again babe ;)

[yycish1027]

HI, JX I would concure with you that joking to a retired chicken farmer is not as classy as it seems.  However, in terms of Vancouver, I guess everyone would be correct on "no real ecnomoy" and we all knew, like 10 years ago, that the city had been filled with rich kids from China. This is more like a public informaiton.... So I would change my previous post, Marc did have point-

[themangokid]

why would a single tweet commenting on the ramblings of a chicken farmer be the nail in cxr's coffin?  Lets not pretend this is anything other than a US player trying to capitize on Canada's lack of size and market depth. Its just a coincidence this chicken farmer in California has an interest in the Canadian market when the US markets offers him 100x the potential opportunities