Concordia Healthcare Corp. T.CXR.R

Risk/Reward

[Lumberfeverlong]

Like many, my paper losses are substantial at this point. I didn't expect much of what was announced on Friday. The troubling thing is that the paid basher  shorts on this board seemed to be very confident about the impending bad news. Did they have a source? We will probably never know. I'm also very troubled by management's lack of transparency on the impairment charges given the August 3rd press release which suggested everything was peachy. 

As as a long, I now have to decide whether I take my substantial losses or ride this out with the hope of a recovery over the medium to long term.  I agree with many that they can't withstand another substantial set back as what they announced on Friday and all of the events that took place during Q2, including Brexit, short attack, new competiton for off patent drugs, drastically changed strategic review etc. That said, the free cash flow being generated is still sufficient to cover their debt expense and there are no maturities for several years. They also have $145 mm cash and a $200mm undrawn revolver. In other words, insolvency is not around the corner. They still have a very long runway to change the direction of the business. That is why I am sticking around. If they do turn this around, the rewards will be substantial.  That is honestly the only way I see myself making back my money. Do your own due diligence.

[Chemdog]

wow someone with some actual sense and not letting their emotions get the best of them. Too many are emotional on here. If you can't hack being in the market, then go stuff your money under your pillow everyone should watch this...https://www.youtube.com/watch?v=UTHlXb0PXh4 Rule #1- It's all a FUGAZI....it's ferry dust it's not on the elemental chart...IT"S NOT REAL just don

[Chemdog]

oh and with the number of reads...7 in 430 seconds... I know whats going on withthis board guys how's the boiler room look???????????? LMAO pathetic

[Chemdog]

sorry now 13 reads in under a minute????

[LatticelnExile]

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[Chemdog]

ohh and you Lattice, you are one shady dude here you're here for the goodwill of CXR investors... here to protect and further loses??? dude get a life

[Mulaman1]

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[LatticelnExile]

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[Chemdog]

another ploy to get under someone skin....dude go outside...get a girlfriend orboyfriend if that's what you're into, but try and stay off this board for at least 2 weeks I bet you can't!!!!! my last post for a few months here..i started a posotion here at $20 and bought on friday to average down,,, will hold for at least 1 year and see where this at then

[LatticelnExile]

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[Chemdog]

don't be angry because i callled you out on your sh.it

[Lumberfeverlong]

I'm not here to give legal advice Lattice, but only to exchange views on the company's prospects and call BS when I see it, but I'll indulge you just a little and then I will go spend the rest of my day with my loved ones while you continue slaving in the boiler room. RSUs are like phantom shares and often vest based on performance metrics being met. Those metrics are normally set by

[LatticelnExile]

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[richardtrader]

VERY NICE

[Leoc378]

I agree 100% on what you are saying and am in the exact situation as you. I hate to sell low, buy high. My issue is and am very concerned about MT stewardship of cxr. Blame it on brexit and competitors, but the role of a ceo, is to exactly mitigate all these unknowns,this is what he is paid for, and wat to we have, the guy spending his time suing a shortseller. I have lost confidence in mgmt and

[PROtrading]

This was mid-August.  Wake up buddy!

[Craigbad]

Lumber, this was you when the shareprice was 400% higher. Are your shares on lock up? Maybe $5-7 trading fees were too much to trade out and revisit if the dumpster fire stops burning?