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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > I think it is obvious
View:
Post by fdfd12 on Aug 16, 2016 5:47pm

I think it is obvious

For CXR to move up and have a chance to reach $30, $40 and more,
CEO Mark Thompson must RESIGN.

This stock will not move up otherwise.
Too many short sellers are after him and think he is a joke.

He is capable of bringing a startup company to $800M - $1B
company but not past that figure.
He must hand it off to someone else to continue the rest.

Obviously, his big mistake was buying a company bigger than they were
and thinking the drugs will sell as much as they had in the past for AMCO.
What he didn't see happening is price competition, buying off patent drugs,
Hillary tweeting and perhaps Europe tighting the prices.

If all remained the same, he may have pulled it off.
But things in the wrold change and he didn't have
that vision so time to pass the torch.
Comment by JAjohnsen on Aug 16, 2016 6:07pm
Realistically, how many of you even see this trending back up to the $30+ range? Obviously assuming MT is replaced with someone more competent.
Comment by Juice004 on Aug 16, 2016 6:16pm
I think the chance of that happening is like 5%. He won't resign and as the chairman no one will tell him otherwise. I really wish he would because from one quarter to the next he was "firing on all cylinders" to then taking huge mpairment charges due to "unexpected competition". I won't average down on this stock because of that and I am king. $40 days are over ...more  
Comment by 1health on Aug 16, 2016 6:25pm
fdfd12 wrote, Obviously, CEO big mistake was buying a company bigger than they were and thinking the drugs will sell as much as they had in the past for AMCO. What he didn't see happening is price competition, buying off patent drugs, Hillary tweeting and perhaps Europe tighting the prices. HOW COULD NEW CEO CAN CHANGE THESE FACTS.
Comment by curiousbuild on Aug 16, 2016 6:46pm
$AVO.TO another CEO disaster today.. Good luck kicking out those B@stards.. I am on sidelines as of now but I am guessing MT doesn't see next AGM at all. He will be forced to leave and probably few activist investors take over here.. As I mentioned before so many times about Yahoo strategic alternatives could be done before Concordia and it did.. Look at ATD/B.TO coming out today about rumours ...more  
Comment by Shortingtozero1 on Aug 16, 2016 7:00pm
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