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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by puma1on Nov 21, 2015 4:56pm
89 Views
Post# 24312808

RE:RE:New to the board

RE:RE:New to the board
good post marcel. Keep your eyes on the earnings and remember that this should earn well north of Cdn $ 9 next year with a near double digit growth rate. Focus on that and wait for the p/e to catch up and then lighten the weighting imo. I increased my original $48 position 50% at cdn$28 and then increased that again 50% at cdn$38 when the deal closed etc and the market just wasn't getting this stock. Paid more the second time but the deal had closed and the stock was more de-risked so really was still just as cheap on an adjusted basis. I also want to thank the shorts: I had a good friend telling about this stock for months but it looked like the train had left the station so it was a lucky break here.
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