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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by greatplayon Sep 25, 2016 2:41pm
88 Views
Post# 25275841

RE:RE:RE:RE: Hidden News Within 8K?

RE:RE:RE:RE: Hidden News Within 8K?Quarter was bad, it's true, but share price was baken already, when it was at $16USD, because with good quarter, it would have been $25-30USD range.

The rest, travel from $16 to $5 was a good short attack, I'm giving credit to them, they were able to push all the right buttons like:

1) making up stories about personal CEO financial affairs, still try to do;

2) launching litigation cases from pop and mom lawyers that never see a court

3) forcing margin calls on CEO shares, I still wonder what brokerage did that; I know Cohodes was close with Goldman Sachs, it's public info.

4) Doubting Concordia ability to pay earn-out amount and saying that their line of credit $200 MLN will not be allowed by Goldman Sachs; though credit line is contractual agreement between Concordia and several bankers, was done as part of buy-out and $200MLN contractually connected to earn-out;

5) List goes on....

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