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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > CXR is another Wall St SCAM
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Post by Lostinmarket123 on Sep 18, 2016 5:22pm

CXR is another Wall St SCAM

After researching for 2 days , I have come to conclusion that CXR is a complete fraud business played by the private equities of wall st. Here is my research in a nutshell. I am not short nor long for I do not short or go long when I am convinced that something is totally fraud. Please do not take my advise , do your own research and make conclusions where there are gaps in my research. I do believe this stock will keep going down till all retail investors have sold or if they remain invested it will declare bankruptcy to flush out all retail investors. This is modus operandi of wall st scams. I will start with AMCO which looks to me was a complete shady business. AMCO had two major components . Amdipharm and Mercury. Guess what if you research a bit both these companies had owners who have been scandals. Amdipharm was formed by Vijay Patel and Bhiku Patel(they used to be penny less and suddenly became rich). Mercury was formed by Ajit Patel and Kirti Patel and used to be called Goldshield group. Guess what they even were both arrested for fraud. Fishy part is all owners for both companies had their same last names. Patel. BIG RED FLAG Next lets look at how they became 3 billion company which our Concordia bought. I tried following their transactions. Mercury was sold 4 times in a span of 8 years each time to a private equity at double the price(No pharmaceutical company bought it , but it was always private equity). BIG RED FLAG. Next I looked at why Concordia was valued at such high valuations. Guess what it was buying interest shown by private equity players to take the price up. Blackstone , Apollo , cinven all are private equity and that gives an impression that CXR may be one of those wall st scams which was sold to innocent retail investors by pumping up prices just like they do in real estate these days by sell to one another at higher price till they sell it to an innocent buyer giving him impression that value is really high as per last few transactions. There is a lot of stuff available these days on internet. Please research before you buy any share particularly from companies who are new or have been changing names or are owned or have been on the interest of private equity players.
Comment by Buriedincxr1 on Sep 18, 2016 6:02pm
All that info was the when the stock was trading north of $100 and every fund was buying it.  You didn't magically pull anything out of a hat sir, the environment changed and this became a breakable company with lots of money to be made in doing so.  The only mystery as of now is exactly where will they stop.  See, it can easily be taken to zero and it can as easily be brought ...more  
Comment by Craigbad on Sep 18, 2016 6:25pm
The tilt could be if the CMA gets their teeth sunk into this. They have the power to do many things. Imagine a fine and rollbacks on the recent price hikes. This headline struck my in particular. NHS failure on medicine prices costs public £125m Billy Kenber, Investigations Reporter Health staff queried the “large difference” in prices set ...more  
Comment by Lostinmarket123 on Sep 18, 2016 6:28pm
I agree the data was there and I do not intend to take credit as we can see the stock had 30% plus short interest. That tells me many knew this was fraud from beginning and probably it was smart money guessing by the scale of short interest. I do not believe this will make any retail investor much money , what they are going to do is take this 25-30% down and see how many new retail investors got ...more  
Comment by startraveller77 on Sep 18, 2016 6:29pm
The slide started right after Goldman got involved and it started trading on the us exchange ... no coincidence 
Comment by LaticelnExile on Sep 18, 2016 6:47pm
This post has been removed in accordance with Community Policy
Comment by argentia77 on Sep 18, 2016 6:27pm
OAKVILLE, < insert="" date=""> - Concordia International Corp (TSX: CXR, NASDAQ: CXRX) ("Concordia International Corp" or the "Company") announces that the Superior Court of Justice Ontario has granted the application of the Company's syndicate lenders, to appoint ABC Consulting Canada Inc. (the "Receiver") as receiver and manager over ...more  
Comment by TheGreatKazoo on Sep 18, 2016 8:43pm
That is very good.  OK, you're little playground here has me interested.  This is excellent fortune telling argentina77, where did you learn this craft? You must have seen this before?  I have. People should not panic, they should step back.  Imagine a totally neutral position (sell your shares and plan to buy them back during  a calm moment).  Take in all the ...more  
Comment by Lostinmarket123 on Sep 18, 2016 10:41pm
Small request to to those fighting on this forum why fight among yourself.. Fight against wall st guys financial institutions etc who loot hard working people's money by luring them to stock market ...no point fighting each other wether you were on long side or short side unless you are paid by institutions ... Come on some these guys lost all their savings ... Show some empathy ... Shorts ...more  
Comment by Lostinmarket123 on Sep 19, 2016 10:26am
Thanks to all who wrote back tom me . Never thought I will get so many emails. I am here to wake you guys up on how Wall St has been doing these scams for years and getting away. Never let your money be controlled by them , they live on money from retail investors...choke them if you can..goodluck to all longs and shorts
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