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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Shortingtozero2on Nov 07, 2016 4:43pm
98 Views
Post# 25434126

RE:RE:RE:hmm weird should open at 1.6 tmrw than

RE:RE:RE:hmm weird should open at 1.6 tmrw than
Craigbad wrote: There's going to be some nasty downgrades and reduced price targets coming. I doubt they will be able to cover interest payments in the new year. They didn't kitchen sink this quarter with writedowns either as I suggested they should have done. These writedowns are inevitable imo. This will be lucky to be a penny stock. More bad news to come unfortunately, they should have gotten it all out of the way, but didn't.


There was really no point as there is not that much left to kitchen sink.  The market recognizes that it doesn't matter who the ceo is ...  the equity is cooked.  Its a tough word when you are a price gouger that lies. 

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