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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > FDA & Donnatal
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Post by wallop13 on Aug 21, 2016 5:11pm

FDA & Donnatal

I agree that management did not (and has not) properly disclosed the risk with Donnatal. I also would like to hear from management about what they have submitted to the FDA. I would also like to know why CXR bought this drug knowing it had not completed this process. I used to think management was silent because they had a deal being wrapped up. I'm starting to think they are, and always have been hiding negative issues that were spawned from their greed and incompetence. I could be wrong...... but it's not looking good.
Comment by Marky1 on Aug 21, 2016 5:16pm
Wallop...Why don't you call IR and ask them....That what Investor Relations do....I m calling tomorrow at 9am sharp..I'm going to ask about the law suits against CXR.....
Comment by wallop13 on Aug 21, 2016 5:25pm
I can try. IR has not gotten back to me in the past.
Comment by LaticeInExile on Aug 21, 2016 5:30pm
This post has been removed in accordance with Community Policy
Comment by CNInvesting on Aug 21, 2016 6:08pm
The management is why I exited my position, not so much the business itself. They lack integrity and transparency,. I don't trust them one bit and I think they created a monster of debt when the times allowed it and the markets didn't care. They haven't been forward-looking and have been careless in their deal-makings.  Now, they're left holding the bag, they're not aware ...more  
Comment by Marky1 on Aug 21, 2016 6:27pm
Great post CN....I mildly agree with you....hard getting clear answers out of them! The stock that I owned before was VRX and they were a lot more clear of where the company was heading..
Comment by CNInvesting on Aug 21, 2016 7:01pm
Sorry to hear you sold VRX for CXR honestly. Let's face it, CXR's business plan was pretty much to be a copycat of VRX but in an even greedier way, by buying mostly non-branded drugs and/or stripping them off to get the generic approval. Believe what you want, but I think they're in worse shape than Valeant because, as bad as VRX was, at least they knew how to run the show. There's ...more  
Comment by Marky1 on Aug 21, 2016 7:17pm
Thank you CN! Have a good evening...
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