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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Oct 31, 2016 12:31pm
68 Views
Post# 25406122

RE:RE:Short thesis to support "shorting to zero"

RE:RE:Short thesis to support "shorting to zero"The lawsuits are just starting, the Cma just started an investigation and the Uk health bill seems directly targeted at the company. Its just a matter of time before one or all of things wipe Concordia off the map. The stock is certainly tradable but I don't know any long term shorts who think they'll ever "have" to cover. The equity is worth zero imo.

Rookie89 wrote: how about the fact there are 11M shares that need to be cover at some point and the way this thing traded last week on just rumors (21M shares traded that day so you telling me shorts were not scared at all that day).  Just imagine if they have actually just one good news cuz they are priced according to all negative things right now.



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