Concordia Healthcare Corp. T.CXR.R

Some thoughts

[greatplay]

Most shorters made a kill today, what I mean, they have been covering around 2.05 all day long...
Why? volume talks... Anybody expected good quarter, not really, but it was a bit worse than I expected... Why? Current CEO, didn't much care (most companies back numbers to a certain degree) and the coming CEO didn't want to be part of it, until he becomes CEO.

One thing I didn't like in Earnings release: one statement: "stakeholders", not shareholders...
They don't care about shareholders at the moment... and it's really easy solve the problem... just do buyback of 5-10 mln shares (company has $470MLN cash) - 4.5 times of company current share value. And stock will be around $6-8 a share at least.

At the present moment shareholders aren't their concern, at least outgoing CEO's view... Now, with new CEO, we will see...  I have 0 doubt that company will prosper, but a question is, will their stock be around? I think, yes; in couple days we will see, where stock price will go...

[CNInvesting]

Thankfully I've been out of this stock for a good while now. By now, after such decline, you'd think that nobody on this board would still spew nonsense about the company's prospects.   1. Why would they ever do a buyback of the shares ? You said it yourself, shareholders don't matter anymore, Any forme of asset left, especially cash, will go to debt holders and maybe a