RE:RE:Guys, Stop the Concordia Healthcare Shorting Clowns! Let me guess. You are also shorting Concordia? The bonds are trading so low because the bond holders are freaked at the stock price that was driven down by short sellers selling shares they don't own.
You're not here to help the average investor. Don't try to fool us.
Craigbad wrote: Unfortunately the equity is likely an empty garage Pro, thats why the bonds are trading so low. Bond holders are first in line when the "bones" are picked apart. Bond holders don't expect to be made whole because even the "bones" are only worth about half what they overpaid for them. Guess what a share is worth when the bond holders get first crack.....give you a hint.......rhymes with hero.
PROtrading wrote: As the charts indicate, they've trashed the stock well beyond any reason. The guys who wanted to but this at $38 are at the "half price door".
As as the shorties have admitted, they have beaten up this to the bones. "Ready to eat" for the vultures with deep pockets.
This isn't an empty garage but at less that 500 million market cap, you'd think it is!!!