RE:RE:RE:RE:Careful with fund-trader's comments. Many investors, long and short, should look at CEO track record.
Biovail, Trimel and Tribute were three he was involved with before he joined at an investment firm for a brief "resharpening" just before founding Concordia.
20/20 hindsight is so freaking easy on this, so is holding a short position. I tried to play the dead cat bounce Monday long for the fun of it, got the timing wrong because I was too sleepy, reshorted and added more shares short today based on the daytrade charts. So I'm a "short and hold" here. ;-) LOL
I think I'm back on my game now....LOL
Not sure what it will take to turn this sad "
Titanic crushing into the iceburg of reality" but one thing for sure, the street won't buy into more BS rumour of a take over by private equity. Not when these guys can just wait for the negativity and uncertainty to eat this alive to pick up the scraps.
And now given the UK NHS and insurance crackdown on drug price gouging supported by government officials, well, I can't see anyone wanting odd overpriced pills have that been "maxed out" to make "adjusted' numbers look good to average investors.
When you hit the filthy markets, you need to short it. Trying to play the bottoms on these smelly dumpsters on fire never works (I know, I tried really hard and the charts were always behaving odd).
But frontrunning shorters that drive down legit companies is a perfectly acceptable sport for nice long positions and amazing gain. I just stopped trying to stand in front of "shorting clown show trains". LOL
The guys on this one are no clowns - they are well researched. The clowns are the longs on denial and paid stock promoters.
There so much uncertainly on this stock from all sides, I'm guessing we are heading for a zero and if not, the charts will tell us when there are serious buyers. Nobody stepping up right now and I can see why!
And the CEO better come up wth something better that hollow words. The markets can be fooled a few times but after a while everyone says "Enough is enough", "I'll just the lawsuits just for revenge!"
Buriedincxr1 wrote: Pro: in starting to believe that Thompson had no intention to save his stock mid August. I mean let's look at the numbers. He just saved himself a 50% downside since then. This was calculated action on his behalf. I just hope he uses his intellect to save the company as well, not likely.