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

TSX:CXR.R - Post Discussion

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Post by GenericAdvocate on Nov 12, 2016 11:45am

Twitter

Confirmed by previous post
  1. "Lead Director" puked 85% of his stock last week at a price 40% below current. Bonds in the 30s.

  2. bonds are in the pooper at 39 cents on the dollar. Fade this squeeze all day long.

Comment by truestar2 on Nov 12, 2016 11:53am
Executives are definitely not the best stock pickers of their own stocks - Private Equity is looking long and hard at both Valeant and CXR - deals potentially made this weekend
Comment by GenericAdvocate on Nov 12, 2016 12:00pm
He is the Chairman and couldn't wait to dump after earnings.  You are shameless for pumping the deal on the weekend nonsense and people aren't that stupid on this bullboard.  Everyone knows this thing will drop like a rock just like the other four bounces did from $13.  It's toast.  No one is going to buy anything (maybe not the case with Valeant because it still ...more  
Comment by truestar2 on Nov 12, 2016 12:04pm
You are on me for Pumping when you are busy Shorting on the weekend?  WTF?  Do you know how many times executives got their SP wrong?  How about Bezos?  Is he a stupid man?  People dump because of fear - the reality it is that there are some great assets here to be had on the cheap - the debt can be negotiated to something than nothing and everybody is happy, (except a ...more  
Comment by DeathPool on Nov 12, 2016 12:11pm
I am pretty sure genericadvocate isn't short but advocating against price gougers in general, but you appear new here so don't spew BS.  Insiders are dumping because the bonds broke 30 and that means the common equity is worthless because of the capital structure of CXRX.    Maybe you should study up on the debt market.   Now the bondholders don't think they are ...more  
Comment by derekli on Nov 12, 2016 12:21pm
so how to explain the recnetly price action? why after chariman sold price up almost 30%? and is the bonds broke 30 bankrupt? they find a new ceo to lead the company go to bankrupt? 
Comment by truestar2 on Nov 12, 2016 12:26pm
AAPL was technically bankrupt when the stock was $3 - if the shorts don't think the bondholders can be negotiated to receive 30 cents on the dollar the shorts need to bone up on their research. If you don't think Apollo, Blackstone, or even Ackman are in here taking a look then you are oblivious - lets see what happens on Monday - is it 2 or is it 5
Comment by Shortingtozero2 on Nov 12, 2016 12:43pm
Oh boy it seems like some people here still in the dark?  For gawds sake the company suspended its financial forecast going forward and they refused toanswer any questions on the revenue from their drug portfolio.  Even RBC, the most bullish of analysts (and the one with the most to lose as one of their debtors) reduceed their price tarted to $2.50.  This recent price action is no ...more  
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