Post by
fdfd12 on Aug 02, 2016 1:21pm
What the market is saying
Market is saying that
1) Donnatel may get pulled of the shelf and 7% revenue and profits will be lost.
2) They not only will not be able to raise prices but might have to drop once gov't get involved.
3) Hillary will win the election
4) Will guide down BIG on Aug 12
For these reasons, they may not be able to pay off their debt.
Also, they may not be able to sell assets at a price to ease the debt and avoid bankruptcy.
There is 50-75% chance at $0.
PS: even if they guide from $6.50US to $3.00US, this stock is still trading at less than a 5PE.
That is not the issue here. It is survival. Can they get enough profits to pay off their debt despite
their PE?????
Comment by
MustardTiger88 on Aug 02, 2016 1:24pm
None of this news is new. This does not explain why we are witnessing a drop of -18% today.
Comment by
cavinsin on Aug 02, 2016 1:28pm
So far 1.1M shares covered today
Comment by
select1011 on Aug 02, 2016 1:28pm
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Comment by
fdfd12 on Aug 02, 2016 1:31pm
Yes it isn't new, but now the market is seeing that all those things might come true and bankruptcy may happen.
Comment by
cavinsin on Aug 02, 2016 1:34pm
to all shorts, no chance of bankruptcy, you all are dreaming, and wishfull thinking
Comment by
select1011 on Aug 02, 2016 1:36pm
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Comment by
peanuts44 on Aug 02, 2016 2:01pm
So happy I never jumped in when you had suggested guys on Dollarama board to have a look into Concordia. I have still been better off with DOL when I bougth it back few days later.
Comment by
adamchess on Aug 02, 2016 2:09pm
So fdfd12 still pretending to be a former long holder of CXR now says sold all his shares and keeps mentioning the B word on this board as a concerned fellow investor. Man, the shorts are scamming this board and the stock from so many angles or you just so stupid you contribute to damaging this name or just plain stupid?
Comment by
fdfd12 on Aug 02, 2016 2:13pm
fdfd12 is NOT a fromer long holder. He is STILL a small position holder. Despite <$25 SELL recomendation, I still have a small position and hoping. NOT SHORT.
Comment by
IatticelnExile on Aug 02, 2016 2:26pm
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Comment by
Marwood on Aug 02, 2016 2:35pm
I wonder about the level of stock buybacks, in next report, given their wonderful cashflow.
Comment by
IatticelnExile on Aug 02, 2016 2:39pm
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Comment by
Marwood on Aug 02, 2016 2:47pm
What about the great cashflow I keep hearing about? no better way to increase eps ;) They can be up there with the best of Q2 earnings, except the may still not meet expectation...
Comment by
IatticelnExile on Aug 02, 2016 3:18pm
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Comment by
Beckysboss on Aug 02, 2016 3:24pm
For Cohodes and you (maybe you are one) this will be another DataAccessSystems...being greedy on a short is no different than pigs that get slaughtered long, remember that one Marc !
Comment by
CNInvesting on Aug 02, 2016 3:33pm
Actually the sheeps get slaughtered and you're one right now.
Comment by
adamchess on Aug 02, 2016 3:27pm
That is funny Lattice. Let me see if they teach that in my CPA magazine I receive as a member? You have written so many stories (lies?) about CXR that your head must be spinning. I'm sorry I can not wish you the same. It is interesting that you make these research and garbage stories and posts your full time job. When is your next day off?
Comment by
Marwood on Aug 02, 2016 3:40pm
Roller07, speaking of conspiracy theories, your losses only add up to roughly 1.3 of your portfolio, according to info you provided. Haven't heard from you in a bit! You sounded bummed a couple days ago. Check in, let us know you're ok! Seriously.
Comment by
fdfd12 on Aug 02, 2016 1:44pm
Yes Becky, you are the BOSS. Little Liquidity in the summer. CXR has traded 1.7M in Canada and 1.2M in US. Little liquitity right.
Comment by
IatticelnExile on Aug 02, 2016 1:47pm
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Comment by
startraveller77 on Aug 02, 2016 2:47pm
THIS IS NOIT RETAIL SELLING...Somepne is getting sold out due to margin calls and shorts win. SP should slowly rebound if I am right.
Comment by
CookieMonster on Aug 02, 2016 3:05pm
Maybe MT got a margin call?