RE:Hey everyoneRetail shareholders have no say in this except on SH, so don't blame them. So tell me, what has changed. Are you saying that the real value of CXR is 3.5 x EPS guidance? You should be buying not selling here. Blackstone and Carlyle were not serious bidders and were/are playing the stock long and short. They should be investigated, not the retails.
BaystreetBrian wrote: Well, the left shoe dropped but we're still above 30 SP from before the q-results. Ok, so, CXR felt pressured by shareholders to sell the company, they put themselves up for sale in a market that's against healthcare, an election year that's against healthcare and while Valeant battles against the U.S. gov't. Not the smartest idea, would you say? But we have no one to blame but ourselves.....the shareholders pushed for the recouping of the SP quickly instead of being patient. Now we are gonna be sold at a price that is below asking because of the environment we're in, and the only bidder left is gonna squeeze the juice for all it's worth. Say goodbye to 55-60US more like 45 Canadian. Well done all you smart(azz) shareholders......you screwed us all! I'm OOOOOOUUUUUUUUTTTTT!!!!!!