Concordia Healthcare Corp. T.CXR.R

Front Page News

[Craigbad]

Great article on The Times front page. Congrats to Concordia, the brits are out for blood. Probably just short and distort though! Lol

[CounterAttack]

This post has been removed in accordance with Community Policy

[ryehigh2014]

Definitely Short and Distort. But good for Billy he did shed light on the issue. FYI the 12,500% increase by a firm he referenced is NOT Concordia.  However the CMA investigation is material. It was well known to happen.  Personally I will wait until after I can digest Q4 to re-enter. Better to have some chickens vs. no chickens lol and make a rationale investment decision

[ryehigh2014]

sorry i meant Q3

[cg16]

Rye what does the Q3 need to hit for you to buy?

[Craigbad]

I think it would be hard to jump in for a true long position until the effects of the Nhs bill are fully known. If they rollback prices, as was suggested in parliament, it could have a large impact on cashflows. The company has not allowed for this bill to affect them, but it sounds like they are the target of it after seeing them named numerous times in parliamentary proceedings. 

[MustardTiger88]

Anyone got a link to articles that name Concordia/AMCO?

[DeathPool]

MustardTiger  You need a subscription to The Times to get access, but here is part of the article that I cut and pasted. The formal launch of the inquiry came five months after Jeremy Hunt, the health secretary, referred the findings to the regulator. The CMA said that it was examining “suspected unfair pricing by way of charging excessive prices in the supply of certain