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

TSX:CXR.R - Post Discussion

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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 TOMMY1 on Jun 14, 2016 7:31pm
I agree, I'm suspicious of StreetInsider too - there is definitely some short-term profiteering going on as a result of false leads. They should name those people "familiar with the matter" or not publish it at all due to it not being from a credible source. I bet if they delved further, they would see that the "person familar with the matter" has infact sold after their ...more  
Comment by curiousbuild on Jun 14, 2016 8:16pm
Totally agree.. when I watched Amber's "people familiar with the matter" report on Concordia, I thought her source was a broker from GS as it was very detailed... I think traders leak these news to benefit themselves and hose retais and long term investors.. I think companies should come up, especially Concordia after a national business channel piece, and deny any false info.. They ...more  
Comment by startraveller77 on Jun 14, 2016 8:54pm
Amber was set up as was WSJ... Once WSJ reporter quickly figured it out he wrote a follow up piece indicating there was no asurances a deal would be reached .  Amazing, a reporter can disclose insider information and simply qualify it by saying from a close source .. Wow , you imagine if you or I did that, we would have authorities knocking on our door as soon as we hit the send button on our ...more  
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 Craigbad on Jun 15, 2016 4:57pm
I think you can look to stockchase.com and get a partial explanation of price action. Of the last 15 money managers who commented on the stock, 1 rated it a buy and 1 made it a top pick. To be clear only 2 out of 15 would touch the stock at this point. This is among the worst i've seen. If these players aren't moving into the stock, you can't really expect sustainable rallies as it ...more  
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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