Bullboard - Stock Discussion Forum CareRx Corp T.CRRX

Alternate Symbol(s): CHHHF

Healthcare

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... see more

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TSX:CRRX - Post Discussion

CareRx Corp > Five years ado $ 15.00 and today $ 3.75 …

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Post by up2005 on Jul 05, 2022 12:35pm

Five years ado $ 15.00 and today $ 3.75 …

The stock price reflects the way this company runs the business. Massive staff turnover. Some of the most incompetent and unmotivated employees. Errors in shipments on a regular basis. I am amazed none of their LTC homes haven't sued them for misshipments. Being one of the largest pharmaceutical suppliers to LTC homes in Canada, why can't they make a profit. The Karie machine is an example of a major mistake in dumping real dollars into a device that we could have licensed until it got some traction.

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Comment by Possibleidiot01 on Jul 07, 2022 6:29am

I have to think the investors of 5 years ago have mostly moved on . The company , then called Centric Health was a very different company ; it would be like comparing Blackberry to Research in Motion. Centric was a fast growing house of cards built on debt . The market isn't about the past but about the future as in is there value currently. I do share some of your concerns but I can't ...more

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CareRx Corp