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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Calm restored
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Post by prested on May 05, 2016 12:29pm

Calm restored

The excitement seems to have avbated and it looks like we have seen the bottom. Now I imagine the SP will hover around $35 +/- with a slow climb. 
  In my experience, once a company has roiled the market, whatever the reason, justifiable or not, it takes a long time to recover because no one wants to be on the wrong side again. So this is probably dead money unless there is a take-over in the wind.
Comment by CNInvesting on May 05, 2016 12:37pm
If I've learned anything with CXR, it's that the price can go either way for just about anything. Besides, we still don't know who really is on the right or wrong side. 
Comment by Craigbad on May 05, 2016 1:55pm
I agree, all it takes is for the wind to blow the wrong way and we'll have wild swings. The reality of this investment is there will be two presidential candidates talking tough on healthcare in a heated election debate in the coming months trying to outdo each other with crazy statements about being tough on healthcare companies to reduce costs. We also have shorts who have taken a large ...more  
Comment by CNInvesting on May 05, 2016 2:12pm
You're 100% right and I think that because this is a headline company, the lack of information about the buyout makes the price stay where it is and short reign free in the meantime. But, they cannot release news just to satisfy our dissatisfaction with how the SP is moving. If they are in talks, they must remain quiet because of how it affects both parties. The market may be unconvinced about ...more  
Comment by springisnear on May 05, 2016 2:19pm
yep yep and yep
Comment by Lattice on May 05, 2016 2:28pm
This post has been removed in accordance with Community Policy
Comment by hoggie55 on May 05, 2016 2:37pm
Lottice. Can't you address pertinent info. What a loser.
Comment by NiteHawk on May 05, 2016 3:25pm
We will be long gone before those debates between Trump and Clinton heat up. Hang in and don't over think what is happening behind closed doors right now.
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