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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Looks Like Jason Donville Bailed On CXR
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Post by Register123 on Jul 28, 2016 12:56pm

Looks Like Jason Donville Bailed On CXR

Jason Donvilles latest ROE Newsletter does not mention CXR at all (www.donvillekent.com).........I believe last time he was on BNN, they put up a graphic of the top 5 holdings in his fund. I think they were CSU, CXR, OTC, GIB.A, and CRH. He mentions the other four, along with other stocks he likes, but not a word about CXR. What is interesting is his claim that what pundits miss when examining growth by acquisition companies is that these companies can falter if they pay too much for assets or they use too much leverage. Funny for him to say this as it appears CXR (which he had been a big fan of up until early in 2016) falls into this category. They likely did pay too much for AMCo. last fall and they appear to have used too much leverage in doing so. The question is: Why did Jason invest in this name and hold it for so long after the AMCo. deal if it failed his tests?...........It would be nice if Jason appeared on BNN Market Call and provided his viewers/fans with an explanation on whether he still holds CXR and his view of the company going forward.
Comment by Ducksoup000001 on Jul 28, 2016 2:07pm
Register, pls do not do this, I mean not to post any thing that challenge this BNN guest. He is so popular here that you are breaking a lot of people's heart by implying to ask him to confess he made a mistake- first on VRX then on CXR. To be fair, he has some good calls in the past is is still good looking forward, like CRH and KXS. I like the guys, but I treat all analysts equal - with a ...more  
Comment by Register123 on Jul 28, 2016 2:42pm
Ducksoup, good one......I believe Donville already confessed to "making a mistake" on VRX, and if he did the same by admitting another mistake re. CXR, that's fine and it would be appreciated......What I don't like is his habit of bashing people who turn out to be right....I remember in the latter part of 2015 when that American shorter came out with critical statements about VRX ...more  
Comment by Ducksoup000001 on Jul 28, 2016 3:56pm
These last statements of your post reflect very similar behaviour from lots of posters in this CXR board. Keeping a cool head is rule number 1 from Investment 101 - preserving capital is more important than watching profit appearing on paper. Good luck to all longs on CXR
Comment by Kisu on Jul 28, 2016 4:02pm
My guess he is still holding it but will not say anything in public until after the next earnings release in case there is a chance of a decent rebound or (really unlikely) a buyout.  He did score a win with regards to CRH which is up nicely after a great earnings report today.
Comment by visionaryfool on Jul 28, 2016 4:32pm
Yeah looks like he's def still holding it from his June return of -4.9%. A lot of the companies he was holding were flat, slightly up, or slightly down. CXR on the other hand..................... BLEW THE FLOOR OUT
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