RE:RE:RE:RE:RE:RE:interesting view of Ross Heilly on BNNShortingtozero2, Its just best just not to respond to greatplay, he claims that the shorts are "missing some brain" even though they are the only ones that have made money on this stock -- many have been short I am suure from the $60's Cad... and now it is $3.50. Yup, they are "missing some brain" all right.
Just don't respond to him, because his insecurity just makes him post 30 seconds later with a rebute that is not even relevant -- SMH. The guy is a short term trader and when it doesn't bounce back to $5 by Christmas (as he said he needs money for Christmas presents rather than stock) he will be gone again like the other traders (Fundtrader , Rougetrader, et al) who were in for a bounce.
Greatplaay rates his post 5 stars immediately after posting (and anyone who may be even slightly bearish 1 star) which is too funny!. And his grammar and English is also special!
Shortingtozero2 wrote: greatplay wrote: Lesson for shorts, who are missing some brain...
"Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet."
https://www.investopedia.com/terms/g/goodwill.asp
In simple words, it's assets from acquisitions (drugs, etc)
OMG. He can cut and paste from investopedia but doesn't know how to read a financial statemment. Drugs are not enduring assets. They are considered "soft" and Concordia has amortized them over a 15 year period because that is what management considers their useful life to be. And their assets are for the most part held in the BARBADOS - not Canada or the US - which is making Bondholders and Banks VERY uneasy. Look that up "Champ" Make sure you do a cut and paste out of Wilipedia about assets in Barbados.