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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Oct 25, 2015 10:32am
215 Views
Post# 24224706

RE:RE:Shorts are NOT back

RE:RE:Shorts are NOT backJFF7, while I understand the points you made, I wonder about a couple of points. Sector rotation is based on 'over valued' measures (as you point out higher multiples based on growth rates). CXR was much higher before the announcement of Amco acquisition and the diversification and new products it brings to the company (growth). CEO also alluded to the potential for a couple more acquisitions (likely at a lower cost than prior to selloffs) prior to year end paid from cash flow (more growth). Not sure if the general sector rout is finished, but despite the recent gains CXR is still oversold both by technical analysis and by historical measures and by the most important measure - IMHO;)
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