Concordia Healthcare Corp. T.CXR.R

RE:RE:RE:Off the radar

[SteadyHandsStan]

Thanks for some good posts.   I am passing on it as I am not a trader but good luck to all those who are trying to trade it.

Shortingtozero2 wrote: Oh and I forgot to mention something I just found out - the company withdrew its guidance and all financial forecast on the earnings call last monday and said they are focussing on their "viability". 

SteadyHandsStan wrote: Hello Derek.  You must be posting on the wrong board.  The balance sheet is one of the worst I have ever seen.  The recent note offering was secured so they get first dibbs and this screws the common stock holders.

The CEO doesn't own a single share.  And the Chairman of the Board who was previously the Lead Director of the company dumped a total of 580,000 shares in the last 2 weeks.  Two of the six  directors own zero shares.  The bonds are sinking so fast that it is only days away from the banks taking control of the company and this being halted.  

DerekForeal wrote: Mackie (market marker) is starting to load up clients with block trades. This stock has tremendous hidden value. Balance sheet is strong and management is great. I had the chance to speak with the ceo a few times. The tech is great and very disruptive. Many other ideas in the pipeline. Insider ownership is exceptionally high. At these levels it’s a gift.  My gift to you - intrinsic4d (IFD)