RE:RE:RE:Question cndnewbie......the issue is that to make anything on this stock, we will need to have alot of powder at all times to continuosely keep averageing down...../
the iussue is that not all of us can afford to buy stock like roller and some of the other gordon gekko wannabe investors....
ROLLER007...i dont have anything personal against you...i dont even know who u are...but its insulting to keep posting that you know that a deal is done and a buyout is done.....because the ceo hasnt said chit and the stock doesnt act like a company being targeted for a takeover...
ROLLER007...you told me to bring fourth a relavant arguement against this notion of yours....ok here goes:
-in the last 6 months even before the strategic review, manage,ment hasnt increased their stake in the company
-nobody expected britain to leave the eu.....and as such it continues to cripple the stock
-not one bnn analyst that gave concordia a big endorsement of the last two weeks ever mentioned brexit as a concern going forward with cxr...why is that i wonder?
afterall it seems to be very important now that it has taken place
-short interest keeps increasing...the amounts sugest that these are not retail shorts, but professionals running up the share count in short positions...cohodes may have lost several short plays in the past...but you dont lose 100% of the time...remember that
-why is the company taking forever to mention anything about the strategic review?.....brexit happened and the likelyhood of a buyout has been reduced?...no word on any of the strategic alternatives?
-what about apollo?....that news sure has all but dried up and blown away???
-if the company is indeed profitablke and debt is not an issue , then how could they sell so cheap?....shorts or not....thompson is not in the hole as far as shares he owns go....he still has close to 100million in stock and i dont know about you but anyone who has that kind of equity, doesnt need to sell in a hurry like you think...this kind of day to day action probably goes unnoticed by them...
answer this one for me roller.....if the company was in dyer straights like you think...why wouldnt they have taken the alleged 62$ u.s offer from crlysle and blacktone if in fact they did offer that?