Concordia Healthcare Corp. T.CXR.R

RE:RE:RE:RE:RE:RE:RE:RE:Wha WHAT? Not Registered under the Securities Act?

[Craigbad]

We'll see if this Bnn feature can convince some new shorts to join the party and some more longs to lose interest. Should be some volatility for sure.

PROtrading wrote: Man you're good.  I agree with you that we might see a run for the next week.  After than, or even sooner, the "black box" might become clearer....

Craigbad wrote: Its a black box Pro. The stock really should have run a bit this week as the fund dump from end of quarter should have relieved the selling pressure temporarily. The market cap is small enough now that traders and boiler rooms can likely pump and dump it a bit but I don't expect many steady hands to hold it given the amount of negative headlines we could see. I would expect more price targets reduced to the $2-3 range given the added debt and interest but we'll see if the market reaction can actually break it below $5.8-5.90 support. The stock seems to drop 25-30% In steps down.

PROtrading wrote:

Craigbad,  as the best and most vocal trader here, tell us what you and what you come up with.

I shall refrain from providing my own PRO opinion here and I'm the sidelines enjoying butter free . GMO free popcorn.

Love the clown show!  I swear, there's a lot of audience members that are bewildered!  Let's see that the market tells us in 25 minutes.  We actually might see a run here?

Wonder if the SHtGang is pumping or dumping?  Anyone have a summary of these "tools"?  Do busy doing backstroke in black gold these days to spend too much time reading clown prose.

Concordia + Goldman?  That combo doesn't need any stinking "Securities Act"!  Are you kidding!  ;-)  It's a "match made in heaven" or hell (depending on what side of the trade you are on!!)   LOL ;-) 
 

Craigbad wrote: I have no idea what they'll do either, but I like to run best case scenarios of what they might do to make sure I'm on the right side of the trade. As long as their debt to ebitda ratio stays well over 5 I'm comfortable most funds will avoid the stock and it will be bounced around by traders with no real big sustainable moves. I think theres still some bombs to drop as far as write downs as well amongst other things,  but i take that you do too. 
 

 

ryehigh2014 wrote: Don't agree with speculating on what theyll do with the cash. But cant disagree on waiting for what the analyst says tomorrow.

And gravy train must stop. Agree there.