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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Pros and cons of $58CDN
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Post by curiousbuild on Jun 06, 2016 2:08pm

Pros and cons of $58CDN

We need to get rid of this nonsense rumours manipulations uncertainty from Concordia's fundamentals.. $58 may have been accepted by shareholders who knows but I am sure we may see higher bid while voting process takes place. TAKEDA or TPG must be licking their chops if rumours of them interested were true.. They know what the bottom price and can easily outbid $58.. Big loser will be MT in my opinion.. He is down $175M CDN from all time high and he is forced to consider strategic alternatives. He probably wouldn't mind waiting 3-5 years to reach new highs.. My average cost is $30.25 CDN and would wait for a month or so to see if someone comes up with better bid. PS: Put some RESPEK on Amber's name she broke the news.. We shall see soon.. CB
Comment by Lesalpes29 on Jun 06, 2016 2:11pm
After blackstone at 45usd we have an offer to 58 Cdn. Who believes it here? Not me...
Comment by curiousbuild on Jun 06, 2016 2:14pm
I don't remember seeing $45USD by Blackstone.. Amber said that Apollo originally bid 62 or 64 but lowered to 58 after Brexit fears.. let's get this announced one way or other and move on.. CB
Comment by sunshine7 on Jun 06, 2016 2:18pm
How would she know what the bids were? This is not public info.
Comment by curiousbuild on Jun 06, 2016 2:19pm
well that's what Journalists are for.. as long as she doesn't profit from this it's all kosher.. CB
Comment by WillyWally on Jun 06, 2016 2:29pm
Man seriously what are you talking about? Insider information should NOT reach the public by any means. Inside info should not be disclosed and kept private, there's definitely something fishy if a journalist ends up with inside information. 
Comment by curiousbuild on Jun 06, 2016 2:31pm
not gonna bother.. CB
Comment by CookieMonster on Jun 06, 2016 2:31pm
Happens all the time!  Watch CNBC!
Comment by curiousbuild on Jun 06, 2016 2:34pm
Did they mention Concordia on CNBC? CB
Comment by WillyWally on Jun 06, 2016 2:42pm
Then enlighten me please. Let's say I'm in insider and I know a deal is coming. I give this information to a journalist. The journalist then publishes this information on a website. Following this, thousand of people buy into the company and then an official buyout is announced. You can't prosecute the thousand of people because they acted on a public information from a website. You ...more  
Comment by CookieMonster on Jun 06, 2016 2:47pm
Watch David Faber on Honeywell/United Tech.  https://www.cnbc.com/2016/02/22/honeywell-united-technologies-held-merger-talks-sources.html
Comment by CookieMonster on Jun 06, 2016 2:24pm
You should watch David Faber of CNBC.  He always has great info like this and has great sources.
Comment by Silverbull13 on Jun 06, 2016 2:40pm
This post has been removed in accordance with Community Policy
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