Concordia Healthcare Corp. T.CXR.R

Flush With Cash

[Stockcoach1]

Last few days are a disappointing for sure, but there has to be a breather. We'll see if Tuesday is a catalyst when the Notes and the Covis purchase closes. Another hurdle out of the way. The demand for the senior notes was phenomenal, hence the upsizing from 610M to 735M. Couldn't get my hands on any - oversubscribed. Wonder what he intends to do with the extra cash raised?

[1condor]

The stock got way ahead of itself last week. It needs to pull back to around 88 bucks before the next leg up. That level would represent a decent level to buy or accumulate.

[cavinsin]

condor, not surprised on pullback, but how did you conclude that needs to pull back to $88, when we have number of upgrades in the $ 115 range?/ Like to hear your formula for calculating valuations , Thanks

[1condor]

Cavinsin..actually I am giving CXR the benefit of the doubt with a pull back to 88 bucks. The next support levels is down around 86 dollars.

[cavinsin]

For me, I couldn.t care less where we find support, I have seen this before, pullback from $ 42 to $ 33, from $ 49 to $ 42 etc. You have to believe Management, and stay the course. Sure, there was huge spike recently, and pullback is inevitable, I am staying with it, and believe that I will be, pleasantly rewarded one day in near future, when Company is sold, or taken out. We could easily double

[EntwinedChart]

I completely agree with you cavinsin! Like my mother used to say, "Much like Ashe reshteh, it takes times to make/conceive; but when it is completed, its the best thing you can ever have". We all know by now the potential for this stock and the suggested price points from TD, RBC, and top stock firms analysts.  GoodLuck to all, I have dreams that this will hit at least 125

[Ducksoup000001]

Could not believe some people are so passive or so lazy to think money will fall on your doorstep..........well I guess this makes the market....I will not comment others investment style. However to me sell to raise cash and re-enter at support level using TA is just good risk management particularly applicable when you have limited free cash to deploy. And I know I made profit more than a

[Stockcoach1]

It's interesting how some investors always have the smarts to get out at the very top and get back in at the bottom. More interesting is how they do this repetitively with success. At least that's what they claim. It's never worked for me. I guess I wasn't born with special skills to see the future to know when and where the sell and buy points will occur. I don't have magic

[1condor]

Another 3 bucks to the downside then time to accumulate. Stock got way ahead of itself running to 102 bucks.

[NotFreddie]

I'm with you on that thinking. I choose my stocks for their value and I'm in for the long haul. I first acquired CXR at $35 and have added to my position all along.  I've found over the years that jumping in and out results in getting "whipsawed".  Doing that , one will sometime win a few, but usually lose more. IMO with CXR, just like NHC there's no need for a