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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by truestar2on Nov 12, 2016 1:09pm
113 Views
Post# 25453276

RE:RE:RE:Any Genuine Insight

RE:RE:RE:Any Genuine InsightFolks, we know at least 3 posters of the last 10 are shorts - of course they act collectively and may be the same person - shorting is big business, but let's take a look at reality.  The financials are weak and the chairman bails expecting a Hilary victory.  Donald wins, and all of a sudden Healthcare is a top pick by everyone.  In the last 3 days 25 MM shares trade.  Let's assume 5MM are short covering, and 5 MM are risk takers/opportunists like me.  The other 15MM shares could easily be one of the PE groups looking at a huge opportunity to buy this thing cheap, meanwhile renogotiating with bondholders expecting zero, that would be happy to take 30 cents and/or some convertibles.  If we wake up to news Monday morning that someone is making a move on CXR it would not be a huge surprise.
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