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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by MirrorWorldManon Aug 02, 2016 2:38pm
262 Views
Post# 25103387

I have been throught quite a few shortie rodeos..

I have been throught quite a few shortie rodeos..and this is playing itself out like a script.  Amazing to watch really. The short thesis is comprised largely of Concordia &/or the pharma business/political environment, "may do this or that bad thing in the future", to create FUD. Unlike Valiant, there is no whistleblower here that was connected to a major short seller, that disclosed a pharmacy chain (worth 17% of Valiants sales) was providing preferential dispensing  to the suppliers up charged drugs.  Here at Concordia, the financial statements, in-line product sales, new product launches suggest the company will remain a going concern far into the future.  Seeking Alpo and other redundant articles provide little new reason to buy or sell.  The SP is amazingly low with consistent  fundamentals so it's a buy signal for me. The only question I am wondering is how low this can go, and how long the shortie can keep it down.  The earnings is not a binary event like others are making it out to be, it will simply be a one in a series of quarterly earnings that will show things are moving along nicely in the long term. 
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