Concordia Healthcare Corp. T.CXR.R

If bonds are trading for 50c on the dollar

[fundtrader]

debt is chopped by 50% so total debt is less then 1.5 billion and assets close to 5 billion..so in that case equity goes back up to 3.5 billion$ or 70$ us a share..i might be totally right in theory... big money comes in buys the debt for 50c on the dollar and takes over the shares for a resonable premium acceptable by all. If the shorts think this is going to 0 then obviously they will take 50c on the $$ rather then nothing...one way to financial engineer this is to reduce that debt by 50% and give them higher interest rate. I remember a lot of shipping companies did that a few years back and the shares went up 10 overnight.

[rad10]

naive in the extreme - any turnaround and the bonds will be first to recover. once demand for the bonds goes up they will return towards parity.  Obsessing over concordia means missing out on other opportunities.  Noticed you were posting on nobilis - you seem drawn to disasters in progress...........

[fundtrader]

really i made 60k on nobilis on friday..so puhlease i know what i am doing...i bought 100k at 3.80 was out at 4.40 i think i made a huge mistake by selling so soon...oh well i can always buy back on monday...

[PirateEquity]

So you are just a trader looking for real investors to become bagholders so you can make a quick trade? Do you know how disgusting that is to real investors trying to understand the "game" here?

[Craigbad]

I find it hard to believe someone would scalp Nobilis with what seemed to be real news of an acquisition, upped guidance and reduced interest rate, yet claims to be a long term investor in Concordia who reduced guidance, added high interest debt and even Mark Thompson doesn't want to run it anymore. I think someone is paying Funnytrader to pump Concordia.

[Shortingtozero2]

Do ya think?

[MegaBear]

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