RE:CXR1. You have claimed to be long CXR. However you are cautioning others against buying this stock. Why are you long if you claim to think the outlook is so poor?
2. You are inconsistent, you were pumping this stock not long ago. Nothing has changed since then. The CEO had stated their focus is on reducing debt before the posts you made. The only think that has changed is that you have gone from saying the debt is no issue at all, to a major issue.
notwrong wrote:A victim of knee jerk panic action of the herd
Through no fault of its own, CXR is a victim of collateral damage from a short attack on VRX. What adds to that is its high debt ratio, which in the case of CXR, should not be a concern at all, as the increased profitability from its recent big acquisition will more than pay for the debt it accrued. CXR should get back to the $100 range in the medium term when the pharmaceutical sector return to normality. Just an opinion. Please do your own DD.
notwrong wrote:Price should go up gradually
One big reason for the drop of the share price is the recent huge acquisition resulting in a high debt situation. Some investors, frightened by short attacks, got nervous and dump the stock; however, if you take a look at the acquisition, it is a very good one and is very accretive to the company. Future profits from this huge acquisition far exceed the debt incurred from this acquisition. That means that the share price should rise once the market realizes that the high debt level is very manageable by the company.
notwrong wrote:Short attack?
Should be nothing wrong with the stock, above board management, low profit margin and no price gouging, low debt/price ratio of around 1. What is funny is that to come up with a reason for the recent price drop, a few BNN guests blamed the cause to its "high debt" ratio from its recent huge acquisition and ignored the very accretive acquisition to help lift its low profit margin in the long run. There is no need to even mention shorters' outrageous and groundless claim of price gouging.
Investor rationale should prevail and soon return as facts always vanquish false accusations and rumour in the end.
3. You have no credibility on this board or on any other. One only has to look at your posting history to see a clear pattern of attacks on long retail investors. You attempts to shout down any beneficial information by claiming anyone who posts positive news is a pumper.
4. As I have said here:
https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-healthcare-corp-common-shares?postid=24278173
I doubt that you have a job and you are either a paid short poster, or in all likelihood, a small time investor piggy-backing on short attacks you see to give yourself an inflated sense of self-importance and maybe make a few bucks here and there.
5. Funny you tend to come on here most when the stock is rallying. How many shares did you say you were long? That is a laugh.
6. I expect in your response the following defamatory statements. You will claim I live in my mother's basement; should get a job (possibly at MACS); am a green or blue bottle fly; invest pennies; am a pumper. You may then also tell me that money doesn't grow on trees (or that I should remember that my mother tells me that). To top it off you will end with an "lol!" at the end. Unfortunately there is nothing funny about what you are doing, and your attempts to bury information and clutter the board. You are a disservice to all us retail investors.