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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > You guys are assuming too much (3 Points to make)
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Post by fdfd12 on Jun 02, 2016 6:09pm

You guys are assuming too much (3 Points to make)

Remember I am long but also realistic and fair.
Often when I write, people are confused if I am a short or not.

1) You guys are asuming that their is an offer on the table.
Where did you get that idea?

All we know is 1 or more companies are interested to see their books
and decide if they will make an offer or not.

There is NO offer on the table.
There may be 4 guys interested but 2 have walked out.

2) Also Roller said the market assumes their is not deal and we dropped only 10%.
Not true. Management said the deal is still on and we dropped and didn't recover!!!
Can you imagine what will happen if MT says there are no companies interested.
Stock will hit $25 again!!!
I can't risk that, sell CXR and get $45USD and move on.

3)
You guys said management handled it wrong today. THey should have had a news release BEFORE the leak of Blackstone and CG were out.

IMAGINE if they released that "CXR is still ongoing in their negotions"
and then 1 hour later, we get a release saying, Blackstone and CG are out, then
you would get a bigger exit than we had.
People would say, what happened in 1 hour!!!
Comment by notwrong on Jun 02, 2016 6:16pm
This post has been removed in accordance with Community Policy
Comment by fdfd12 on Jun 02, 2016 6:24pm
I learned from the master
Comment by Pj1958 on Jun 02, 2016 8:49pm
Fdfd...I think your point 1 is wrong.... There is evidence that all bids had to be submitted by 31 May.... That was 2 days ago... 2 parties either didn't submit a bid ... Or it was too low... We don't know how many other parties have submitted offers , but the fact that CXR said they are still involved in the process , says to me there is at least 1 offer on the table that has not been ...more  
Comment by fdfd12 on Jun 02, 2016 8:53pm
Where did you get that all bids had to be submitted by May 31. I want to see that in writing. If this is true, that is good news. Show me and we will know part 1 is wrong.
Comment by regardless on Jun 02, 2016 9:01pm
wxactly...WHERE IS THERE ANY NEWS OR EVIDENCE THAT BIDS HAD TO BE SUBMITTED BY MAY 31???????????????????????????? i sure cant find anything to support this
Comment by Pj1958 on Jun 02, 2016 11:46pm
regardless.... Of course you wouldn't know about the bids having to be in by May 31.... You weren't invited to bid for CXR.... wxactly...WHERE IS THERE ANY NEWS OR EVIDENCE THAT BIDS HAD TO BE SUBMITTED BY MAY 31???????????????????????????? i sure cant find anything to support this [/quote]
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