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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Jun 04, 2016 10:42am
111 Views
Post# 24934171

RE:Get rich quick

RE:Get rich quickThanks for posting. Maybe this is why the price kept dropping. The article states Mp's are furious with this loophole and are demanding the health minister close it. It sounds like they are going to claw back pricing for these generics that have been jacked by changing the name which could have a huge effect on profitability for Concordia. I can see why private equity would be nervous about purchasing Concordias assets when there is going to be this level of regulatory scrutiny. The drama never ends, but this could actually be very negative for the fundamentals. No wonder shorts never flinched and doubled down on the buyout rumor price spike.
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