Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Get out before it all comes crashing down
View:
Post by TOMMY1 on Jul 31, 2016 2:54pm

Get out before it all comes crashing down

This is what the shorts want you to believe. Given the heightened short activity on this board recently, we will be in for even more of a ride over the next couple of weeks prior to the Q2 results release date as the shorts pound this stock (and board) to scare off the regular retail investors. You have got to ask yourself, why do these posters feel the need to constantly bash this stock 24-7 over the weekend? They have a motive and that motive is to create smear campaigns and spread fear; with the current bear pharma sector, this stock is easily driven down.

I can understand the frustrations of many of the longs on this board, myself being one of them; I am currently over 27% down with 19,173 shares in this. The best thing management can do is deliver with decent resutls on Friday, August 12th and continue to deliver.

Any postitive news or views posted on this board are immediately battered down and you will be called all kinds of names - bagholders, mad, crazy, out of your mind etc. etc. This is to intimidate and to try and make you feel stupid to discourage you from posting.

The last short article posted was that on Seeking Alpha and referred to as "Excellent" by the main short poster on this board. It really isn't. Read the whole thread here as it shows a basher in full force.

https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-international-corp/13?threadid=25093826

Ask yourself the following questions about the article:
  1. Is There a Disclaimer?
  2. What Is the Nature of the Relationship?
  3. Is the Author Identified and Contact Information Provided?
  4. What Are the Author's Credentials?
  5. How Does the Report Read?
  6. Is There an Earnings Model and Target Price With Reasonable Assumptions?
  7. Is There Ongoing Research Coverage?
..and educate yourself about stock manipulation:

https://www.investopedia.com/articles/analyst/030102.asp

You will see that thread regarding the "Excellent article" highlighted the fact that the only retweet on Twitter at that time was by Marc Cohodes (@AlderLaneeggs). 

Now, when you click on the "RETWEETS" to show who retweeted the article, you will see it now states...

"2 users have asked not to be shown in this view. Learn More"

See for yourself:

https://twitter.com/CapitolistPig/status/758787813089251329

We have a good idea who was behind this new Capitolist Pig account and article - why else would you hide your retweet? Anyone can wrtite for Seeking Alpha so don't believe everything you read folks!

https://seekingalpha.com/page/become-a-seeking-alpha-contributor

I find this all very interesting that the article published by a disclosed short to spread fear was found through Twitter, retweeted by Marc Cohodes and then he changed his settings so that the retweeted article no longer appeared on his timeline. If indeed this was a quality and honest article, what would be the harm in retweeting it? Surely that would not impact his chances to defend against the legal proceedings by Mark Thompson because, hey, he doesn't have anything to hide, until he does.

Just pointing out the facts here and wait for it.....here comes the rapid dilution of posts on this board so this thread quickly gets pushed down the board. New post titles with nothing of substance oh, and I may be called delusional or something like that. Wait for it...
Comment by LatticeInExiIe on Jul 31, 2016 3:07pm
This post has been removed in accordance with Community Policy
Comment by CNInvesting on Jul 31, 2016 3:22pm
Tom, have you considered what would happen if management does not deliver decent results on August 12 ? I know you're in this seriously, and sorry for your loss, I've been there but I'm out of the stock now. In the coming week, I suggest you at least consider hedging with some options. PM me if you want to know the basics. 
Comment by LatticeInExiIe on Jul 31, 2016 3:45pm
This post has been removed in accordance with Community Policy
Comment by janissary67 on Jul 31, 2016 8:47pm
There seems to a maneuver through shorting of the stock (CXR.CA) which is aimed at forcing the investors to sell their stock to some interested parties. Once the necessary amount is accumulated by these parties through this operation, the stock will revert itself north and in a rapid fashion will climb above its resistance levels. In this case, one might expect to see the price reach 30, 40, 50 ...more  
Comment by KeepPumpingGuys on Jul 31, 2016 9:05pm
This post has been removed in accordance with Community Policy
Comment by derekli on Jul 31, 2016 8:52pm
STOP SHOETED PLEASE
Comment by wallop13 on Jul 31, 2016 9:25pm
Normally I would agree with you on an EBITDA revision having a negitive effect on the stock price. But this stock is not normal. 1) It's hard to see how they couldn't revise EBITDA given the GBP rate. So it would probably be interpreted as a huge beat by the market if they did not revise. 2) The market cap here is now 890M USD. Let's say they revise to 550M. We would already be ...more  
Comment by CNInvesting on Jul 31, 2016 9:46pm
Numbers may not lie but tey can be deceptive. I wasn't referring to a revision of EBITDA but a plain EPS miss, which will lead the SP down without a doubt. In any case, my point was more a suggestion that it would be wise to hedge considering the known volatility. With the share price movement these past months, why wouldn't you want to hedge ? It's plain common-sense at this stage.
Comment by derekli on Jul 31, 2016 9:52pm
If we think It's more up side than downside? why we need to hedge?
Comment by derekli on Jul 31, 2016 9:53pm
why eps miss??? give some prove?
Comment by derekli on Jul 31, 2016 9:56pm
why eps miss???
Comment by LatticeInExiIe on Jul 31, 2016 10:11pm
This post has been removed in accordance with Community Policy
Comment by wallop13 on Jul 31, 2016 10:30pm
So scripts are down? Can we see some proof. A chart from Symphony will do?
Comment by LatticeInExiIe on Jul 31, 2016 10:50pm
This post has been removed in accordance with Community Policy
Comment by wallop13 on Jul 31, 2016 11:12pm
No argument needed. The statement by RBC is vague. I don't see forex affecting Q2 so I wanted to see the script numbers that they used. It's just too little info to get anything useful out of it. Script trends, new drugs and price increases are something you need to see with your own eyes to make the appropriate calculations.
Comment by puma1 on Aug 01, 2016 7:44am
Wallop, the decline due to scripts is about 5% of the cause for the target EPS from RBC. 95% of the change is FX and RBC went from a 1.37 GBP to a 1.21 which probaly is coming but certainly not here yet.
Comment by caochuansheng on Jul 31, 2016 11:22pm
Thank you for answer, but I am more willing to heard from CNINVESTING lt seems Lattice you are CN investing. are u using 2 counts in this board? and rate the comment as the 5 star
Comment by LatticeInExiIe on Jul 31, 2016 11:37pm
This post has been removed in accordance with Community Policy
Comment by CNInvesting on Aug 01, 2016 8:44am
You'd have to refer to my previous posts in which I talk about hedging. I'm raising the question of what happens if there's an EPS miss and how to safeguard against more downside in your stock value. I'm not into predictions here and no, I'm not Lattice.
Comment by cavinsin on Aug 01, 2016 9:11am
Yeah right, go hedge your long position with puts, $ 6-8G's for 1k shares, ( 6-8,000 for 10 puts, that is ridiculously expensive, You should newer pay more than 5% of the share price for calls or puts, you are better off either selling your shares or hold and hope for the best, Even in the worse case scenario shares will not drop $8. and if there is turnaround you will, loose your puts value ...more  
Comment by CNInvesting on Aug 01, 2016 9:47am
What ? You got this wrong friend. The current premium for the Aug19 puts with a strike at $17.50 is a $1.55. If you own 1,000 shares, it would cost you $1,555.00$+fees for your 10 contracts ( 1,000 options ) which is quite cheap compared to your BV on the shares of ( I suppose ) anywhere between 25,000$ to 50,000$. That would amount to 3%-6% of your share cost, in the range you suggested. I don ...more  
Comment by Steve911 on Aug 01, 2016 9:36am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities