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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Roller007on Jul 13, 2016 7:08pm
399 Views
Post# 25050549

RE:RE:short interest of almost 12 million shares.

RE:RE:short interest of almost 12 million shares.Short interest tripled since buyout talks started in April and never once dropped, this shows that the major shorts knew for a fact that a deal was not going to happen.  The logical conclusion is that pe firms that are in talks are the ones shorting it as they have vested interest in dropping theSP to get a better lowball deal and they know not to cover since they are In Full control as to when the deal occurs.  If you ask me Cxr has been had and they know it.  Vrx issues and Brexit are magnifying this SP deterioration.   If the numbers next month are simply met, and guidance stays relatively the same, the SP should recover to the mid to late thirties.  It's a big if.  
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