Post by
suitman87 on Feb 25, 2017 3:54am
You are all right, we are stuck here for a few months
-As much as i hate to agree with you all about the upcoming quarterly earnings report, there is no doubt that the company has some house cleaning to do. Although i feel like the managment team has a few suprises up its sleve, it may be awhile until the company finally recovers. When it does it will be very lucrative, but in the mean time, it looks as though we'll have to accept the current 3-4% daily losses for the next few weeks if not months before things stabilize and pick up. The recent civen payment is a good sign and once we hear of a ruling on the British lawsuit, we can deal with our final price blow before recovery begins and our values pick up. We need to hang in there for a while, i think it will pay off.
I was invested in gold stock a few months ago, analysts kept going on about how gold prices would plument under the new pro business administration and would not go back up for years, but then after a few bad weeks i was completely caught off gaurd by 1 week of heavy gains leading to a 20% cash in once the dust settled. Analysts can only guess where the numbers are gonna go, they don't look at the big picture and the actual value of the companies traded, Concordia is no doubt undvervalued, i predict that the same thing will happen. A few months of pure trading hell, then massive gains once the companies stabilizes and its true value is understood among the public. Overall though think we are gonna have to be pateint for the next few weeks if not months.