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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

Comment by MrMugsyon Mar 23, 2021 11:47am
162 Views
Post# 32858192

RE:Stephen Takacsy

RE:Stephen Takacsy
pacer217 wrote: The Smart gentleman was on BNN just now and reiterated his BUY recomenation from Last April.

It is a 3.00 % weighting in his firm and is a solid BUY again going forward.  There was an immediate  reaction from day - traders as volume tripled in matter of ten minutes. Stock
hits a 7 day high.


Thanks for the info Pacer.

Here's the wording as provided on Stockchase ...

They did a 20-1 share consolidation, so the stock is up a lot, and changed their name. It's Canada biggest institutional pharmacy serving senior care. The stock was untouched by Covid, because seniors still needed their meds. Also, they made several big acquisitions, and they winning business from peers. They're launching telemedicine services and, with Think Research, will supply virtual care to seniors facilities they already serve. In the next 15 years, the number of seniors will double in Canada. This is a safe way to play Canada's demographics. CRRX fixed their balance sheet, too. It trades a reasonable PE. He owns 3% of this company.


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