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

TSX:CXR.R - Post Discussion

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Post by fdfd12 on Aug 12, 2016 7:34am

ENDP

Was in the same shape. They guided lower, took a bath and are now in the process of recovering.
Comment by Kays123 on Aug 12, 2016 7:41am
Thank you for saying this...I hope this happens to be the case with Cxr as well...
Comment by subwave on Aug 12, 2016 7:54am
Get real...the last chance for the shorts to cover. EPS 1,38 /Q2 is 5,52 per year, a steal around 20 bucks. All bad news out now.   Second quarter 2016 revenue of $231.7 million, an increase of 1.4 per cent over the first quarter of 2016 and 208 per cent over the second quarter of 2015    Reported second quarter GAAP net loss of $570.5 million, GAAP earnings ...more  
Comment by LatticelnExile on Aug 12, 2016 7:57am
This post has been removed in accordance with Community Policy
Comment by subwave on Aug 12, 2016 8:00am
shure I will under 20...prime takeover target. Not more to say to you shorties.
Comment by fdfd12 on Aug 12, 2016 8:02am
Lattice you would know this better than me. Is there any similarities between CXR and ENDP? They both have a ton of debt and ENDP looks like it has turned the corner. Any reason why you say CXR can't do the same?
Comment by subwave on Aug 12, 2016 8:06am
...and it will be fun to see how this millions of short shares will be covered.
Comment by Craigbad on Aug 12, 2016 8:11am
With a gaap loss of $11.18 per share they may not need to cover. If these guys are starting to write down assets they paid a premium for, we have to remember they still have the debt that needs to be paid from when they purchased them. The price hikes they put on some of these drugs will make it more attractive for competition to jump in and there may be more to come.
Comment by LatticelnExile on Aug 12, 2016 8:16am
This post has been removed in accordance with Community Policy
Comment by fdfd12 on Aug 12, 2016 8:19am
Do you like ENDP here? Or you don't like any part of this industry. Marc Cohodes has said over and over, the assets not worth the debt. You have got that from him didn't you.
Comment by Hostilemakeover on Aug 12, 2016 8:17am
Lattice, you must be amused at someone who cut you to shreds, seeking your advice. You had this outfit figured out a long time ago. I wish I did too before taking a bath. It could have been worse if I held.
Comment by LatticelnExile on Aug 12, 2016 8:23am
This post has been removed in accordance with Community Policy
Comment by Craigbad on Aug 12, 2016 8:01am
Be careful in your assumption that all bad news is out. If Donnatal gets pulled or they are one of the companies under investigation in the Uk this could easily fall into single digit support of $7-8. Hard to see funds buying this with clients money but easy to see funds start to dump. A shoutout goes to Lattice for calling this and taking all the abuse from blinded longs. You saved innocent ...more  
Comment by jamesb14 on Aug 12, 2016 8:48am
Yes, thank you Lattice. After reading your posts at the end of April and the Marc Cohodes interview I did more due diligence and then I exited my position shortly after. Saved me a bundle. And unfortunately a week ago I discovered that they have to be 1 of 4 companies under investigation in the UK based on these 2 stories below. So again, unfortunately, I agree with Lattice that there's more ...more  
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