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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

Bullboard Posts
Post by ValueSpotteron Aug 27, 2016 10:32pm
237 Views
Post# 25184124

A little game theory...

A little game theory...So the street finally starts to figure out that CHH is going to explode but... the share price has doubled from .20. Now... what to do... if the street buys now they risk a pull back and wish they waited. If they don't buy now then they may miss the next uptick. The same goes for the sellers (only in reverse). In my opinion the only thing that would make sense is a slow share price rise with occasional small declines. There will be more news but that will not lead to a big jump like we have just seen, unless of course there is an asset sale. I have picked up as much as I can rationalize over the years and my adjusted cost base is around .40. I still believe CHH is worth north of 1.00 but it is too early for the street to value it as such. Just my opinion. Conduct your own due diligence. VS
Bullboard Posts