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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Calling on Lattice
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Post by fdfd12 on Aug 15, 2016 8:39pm

Calling on Lattice

Lattice my question for you is this.
You are quite certain this is going to $0.

At what stock price will you say to yourself, "maybe I am
wrong and this may not go to $0.

At what price will you say, "CXR has turned the corner, something
I didn't expect".

I know you think it will not happen but what price will you change your mind.
Comment by LatticelnExile on Aug 15, 2016 8:45pm
This post has been removed in accordance with Community Policy
Comment by fdfd12 on Aug 15, 2016 8:51pm
Lattice you didn't answer the question. Everyone is wrong once in a while. Put yourself on the line with an anwwer AT WHAT PRICE WILL YOU SAY, "this is not going to $0" At what price will you say, "they are not beyond the point of no return". At what price will you say, "Lattice you are WRONG".
Comment by LatticelnExile on Aug 15, 2016 9:01pm
This post has been removed in accordance with Community Policy
Comment by Lumberfeverlong on Aug 15, 2016 9:22pm
The short thesis will only collapse once the company gets their EBITDA to debt ratio in the 5 to 5.5 range. Without Friday's ignominious results, I would have said below 6. The reality still is that they are still forecasted to generate enough cash to service their debt and increase their cash holdings going forward. The issue is no one knows whether there are other surprises lurking. Once the ...more  
Comment by fdfd12 on Aug 16, 2016 8:02am
Sorry but can you be more specific with I would give the debt a 5 or 6 handle - and that's 5//60 cents.  
Comment by LatticelnExile on Aug 16, 2016 8:41am
This post has been removed in accordance with Community Policy
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