Post by
CNInvesting on Jun 14, 2016 6:49pm
PRGO
Just like Concordia, I wouldn't buy on the news of PRGO ''nearing a deal''. Don't you find it odd ?
From StreetInsider:
June 2: ''Blackstone deal imminent''-CXRX
June 2:''Blackstone deal dead''-CXRX
June 14:'' Perrigo near a deal to be acquires for $20 billion''
...of course, once more it's from ''person familiar with the matter'' and they can't identify them, nor the potential acquirer.
I'm very suspicious of StreetInsider. Information on deals such as this don't ''leak''. Of course, once more it's conveniently concerning the specialty pharma which makes it even more suspicious.
Beware and GL.
Comment by
pineapple1 on Jun 14, 2016 9:13pm
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Comment by
Roller007 on Jun 14, 2016 10:06pm
Pineapple: are you ready numnuts? Keep posting your brilliant ideas. Soon you will show all how stupid you really are. Keep shorting Cxr.
Comment by
pineapple1 on Jun 14, 2016 10:27pm
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Comment by
Lattice on Jun 15, 2016 12:47am
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Comment by
Pj1958 on Jun 14, 2016 10:17pm
PINEAPPLEFACE.... All a bunch of nonsense ....so far he has delivered on all his promises. The share price is out of his hands , but even that will come back as CXR keeps delivering. So far all his acquisitions have been accretive , and as we go forward , we will be rewarded by his foresight .
Comment by
Lattice on Jun 15, 2016 12:25am
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Comment by
WillyWally on Jun 15, 2016 8:44am
Lattice, you should at least wait for a quaterly result that proves what you're saying because so far on paper they can darn sell their "overpriced" drugs. What you're also saying is that you don't believe in their forward guidance. You might be right (or wrong) but only next results will prove that. So yes so far Concordia delivered on their promises.
Comment by
Lattice on Jun 15, 2016 9:04am
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Comment by
WillyWally on Jun 15, 2016 9:26am
You might be right Lattice but if what you're saying is true then you'll see the results in a lowered cashflow. You can't just create cashflow out of thin air. I personally think we'll see reductions on a few levels but still not enough to warrant the current low share price. I guess in 12 months or less we'll have a real answer to all of our theories ;-)
Comment by
KeepPumpingGuys on Jun 15, 2016 9:35am
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Comment by
WillyWally on Jun 15, 2016 9:51am
Yes true but I'd argue with you that those losses are far from being numbers from a bankrupt company, I'd say those are numbers from a company dealing with recent major takeovers.
Comment by
DrugPusher on Jun 15, 2016 3:29pm
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Comment by
VeggieHater on Jun 15, 2016 3:46pm
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Comment by
BENNIEPENNY on Jun 15, 2016 3:54pm
oh yea, it hard to believe this is legal. the way these instuitions are playing this is criminal. stay away from this one. unless you catch the wave up or down, goodluck. even shorts on this board have no clue. dont platy with the big fish, they'll eat you for dessert
Comment by
Roller007 on Jun 15, 2016 4:17pm
Bennipenny: well said, they have an absolute strangle hold on the SP. still though interesting move up in 320k this morning, they wash traded back down but some buyers wanted to establish position early at any price. Once they did the crew took over. Tomorrow should be interesting.
Comment by
Roller007 on Jun 15, 2016 5:10pm
Graigbad: buyout or bust has been exactly what I'm saying. Cxr cannot operate under the current conditions, no company can.
Comment by
Pj1958 on Jun 15, 2016 4:47pm
Chicken farmer is a loser....Donatal precedes the FDA and they have thus grandfathered them to sell it. Must be really grasping for straws...or should I say chickens.
Comment by
VeggieHater on Jun 15, 2016 5:17pm
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