RE:I am out Another attempt at a bogus claim? Did anyone see the purchase of a private jet - Falcon 2000 in the last financial statements? Did CEO Mark mention it in his conference call. Did every analyst covering CXR on the conference call forgot to ask about it?
Got2bshasta, since by your own admittance, you claim to be a pharma insider and have information that we lack, I'd be very careful with your bold disclosures.
You'd better pray that VRX doesn't put in that offer for J & J.
Disseminating insider information = fines and time.
Just some friendly advice.
has2bshasta wrote: Bought at 16 and have taken a nice return. Ted Rogers always said "when a company buys an executive jet, sell". Concordia has and I have. Nice Falcon 2000 to satisfy the corporate egos.
The company is pretty much half way to its end anyways. 5 year business plan was to set up a desireable takeover company from a tax perspective, add some assets to drive the price up and sell to an American pharma company to improve their tax base. With pressure on governments on both sides, I expect the practice to be curtailed in the near future. This is why employees are offered a one year departure package up front. You have to attract short term employees some how>
Adios Concordia.