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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Ducksoup000001on May 11, 2016 5:33pm
218 Views
Post# 24863721

Pessimism is the norm now and that is good for the stock

Pessimism is the norm now and that is good for the stockWhenever every one gives up on the company or the market in general, as I am reading now, my experience tells me things should look better from here on. The sp is pretty much set at the book value  , if any body cares or is still aware of it, and that means it is priced to go under and no hope for it to recover. Well I say thank you and I picked up these couple of days at the bottom and I believe things will go better on and after Friday. AND even if there is no buy out news and Q1 is flat I am willing to hold on to CXR knowing it is worth much, much more than what I paid now. I am sure the current political realty from US has too much to do with all Pharmas but it will all settle after the election and these companies including CXR will be in favour again. Am I too early ? No, the cheap price may not stay here long and will quietly shooting back up before you are aware of what is happening. 
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