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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Strategic alternatives
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Post by curiousbuild on Jun 28, 2016 10:19am

Strategic alternatives

I am just seeing IT.TO and SOY.TO updated shareholders on their ongoing reviews.. So I don't know what holds MT and BOD legally updating shareholders.. This uncertainty just puts unnecessary negative presure on company and its stock price.. not even a dead cat bounce today. Giving VRX.TO up almost 8% as I type.. CB
Comment by Craigbad on Jun 28, 2016 10:46am
If we don't end with a decent bounce today, next bad market day will be brutal. Going to be watching this closely. Was hoping for another run at $30 to exit, but if we are within spitting distance of $25.04 on the next down day, i may have to take a loss cause i don't think it will pretty. Happy trading.
Comment by MikeySwoosh on Jun 28, 2016 11:25am
Concordia updated us earlier this month re:the strategic review and if they keep updating the market with the "ongoing" message, it doesn't speak to a very stable or confident management team, and could very well compromise the process. The details of the process are not public information, nor should they be. It's "ongoing" until it's not. When things change ...more  
Comment by curiousbuild on Jun 28, 2016 11:41am
I 110% agree.. am not asking press release for no reason but when there is more uncertainty keep adding for Concordia's future there should be some action to make things move faster.. Concordia is a small cap company and I really don't get what and why takes so long.. what if this review goes rest of the year and into 2017? I think that's a BIG problem for shareholders.. I will embrace ...more  
Comment by MikeySwoosh on Jun 28, 2016 12:09pm
Fair point, but with the Brexit vote being of potentially material impact to Concordia in the longer term, once their natural hedging wears off, I can appreciate that the strategic review may still take at least a few more weeks to reach its conclusion. If it does drag into 2017, that certainly would seem to be troubling, though I suppose with the US election, and the corresponding uncertainty ...more  
Comment by Pj1958 on Jun 28, 2016 12:15pm
MIKEY.... Well said.... These short morons think that every time there is a rumour..... It's the CEO's job to come out and address this.... They want him to come out and put out a press release every day addressing this and that , but if he did they would be calling for a class action lawsuit . The shorts are just pissed that they have no idea what's going on behind closed doors , so ...more  
Comment by Lattice on Jun 28, 2016 12:37pm
This post has been removed in accordance with Community Policy
Comment by Pj1958 on Jun 28, 2016 4:52pm
LETTUCE.... Just keep guessing where he's hiding.... He shouldn't be in plain sight, as he has work to do. Unlike you and Cohodes , he has a company to run .... Not just sit on your assess and post all day.  When he's ready , he will let you know.... But don't expect a forewarning ... Just don't cover , cause all your ill gotten gains will evaporate. Cohodes said he will ...more  
Comment by Pj1958 on Jun 28, 2016 5:00pm
LETTUCE.... I guess reading wasn't a strong point in school for you.... You ask why I think the shorts are pissed off.... But I spelled it out in my post. But I'll say it again.... The shorts are pissed off because they have no idea what's going on behind closed doors , and they would love to be a fly on the wall.... But you know what fly swatters are for ! Talks behind closed doors ...more  
Comment by CookieMonster on Jun 28, 2016 5:47pm
https://concordiarx.com/concordia-healthcare-corp-announces-name-change-to-concordia-international-corp-and-comments-on-brexits-impact-on-the-companys-business/
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