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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Stiff fines may be coming to AMCo
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Post by jamesb14 on Aug 04, 2016 3:28pm

Stiff fines may be coming to AMCo

I'm just a disgruntled former shareholder who occasionally looks back at Concordia to validate my decision. AMCo was the crown jewel of the Concordia organization, and with recent news of price gouging I just looked into it and found some of the price increases, like that of thyroid medication T3 unconscionable. The National Health Service has recourse however, and if I were a being man I'd say the day of reckoning is coming. My advice to the longs is to make sure you know what you're invested in and the potential risks if and when such fines are lodged against the company. Remember, Concordia is responsible for recourse even if this occurred under Cinven's watch. The link to the article is below. That is all. https://www.theguardian.com/business/2016/jun/04/jeremy-hunt-asks-competition-watchdog-to-look-at-drug-pricing
Comment by Rodentrunner on Aug 04, 2016 3:34pm
Another Short selling BASHER...nice try JAMESB14!!! no please go fk yourself!!!
Comment by jamesb14 on Aug 04, 2016 10:21pm
I actually strongly dislike short sellers because they profit on the misfortune of others. I think that guys like that Select1011 are scum. My message is to the longs because they needn't worry about the day to day price movements of a stock. A long would look at Concordia today and it looks like a great buying opportunity. Unfortunately, there is more to the story. I'm simple enough to ...more  
Comment by BuyingNow on Aug 05, 2016 12:10am
I'm not long or short and came in for the trade and now its an "investment"...  But James you make some points that I didn't know about coming into this stock.  I disagree on one point that you said that short sellers profit on the misfortune of others. Its really frauds profit on the misfortune of others.  And from articles you have posted and what I read over the ...more  
Comment by jamesb14 on Aug 05, 2016 1:08am
Comment by jamesb14 on Aug 05, 2016 1:12am
Great points, thanks for sharing your opinions.
Comment by Rodentrunner on Aug 05, 2016 8:01am
everything you post is negative bad news!!! your being paid by shorts 100%% fk off already
Comment by jamesb14 on Sep 18, 2016 2:17am
Just out of curiousity, Rodentrunner, did you take my warning from August 4th seriously? I know you were pissed off at my post but I hope it gave you a little sober second thought. This investigation by the NHS should have been disclosed by Concordia back in June because it was potentially material to their business, but they didn't say anything until Friday, giving many time to get out before ...more  
Comment by visionaryfool on Aug 04, 2016 3:37pm
Yeah I saw this as well while back. I believe the possible recourse is 10% of the annual earnings of the Company but its been a while since I did looked at this part. That puts the max exposure at somewhere near $60ish million USD.
Comment by select1011 on Aug 04, 2016 3:53pm
This post has been removed in accordance with Community Policy
Comment by visionaryfool on Aug 04, 2016 5:11pm
I don't know of a Company that guides down based on speculation. Imagine if GS or any of the other banks started revising their guidance based on hersay. Normally, you would only guide down if the event was probably and amount was estimatible. As no investigations have been disclosed, why would they guide down? Even if an investigation was disclosed, I know I can't be sure (on a balance ...more  
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