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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Oct 16, 2016 3:56pm
55 Views
Post# 25349055

RE:RE:No liquidity issues through till 2018

RE:RE:No liquidity issues through till 2018I hate to break it to you but there are not many shorts planning to cover. Things have only gotten worse since most positions were taken. They have reduced guidance, added debt and reduced cashflow with more high interest payments. I don't even have to cover the dividend payment anymore as the company has cut it. The common shares are worthless imo. If the long thesis is banking on a short squeeze, good luck. Probably not gonna happen.


Marky1 wrote: Chindis....Super nice blog...I so agree with you..The company is NOT going under any time soon...It would be wonderful to have a share buyback at this cheap level,..That would make thr longs happy and the shorts running to cover! They've made enough money on our misery...Perhaps they'll buy the shares and go long from here on!!!


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