Concordia Healthcare Corp. T.CXR.R

Contest winner Dverv @69.00

[Stockcoach1]

Please PM me with an address to receive gift
thanks

[dverv]

Thanks Stockcoach1 I propose you continue your contest to the end of the year. I guess $121.00 cad

[Itcanbe]

Last trading day of 2015 it will close around $178 cdn

[Stockcoach1]

Picked up a Cinemaplex movie pass for 2 with a snack from Costco. PM me your address by the end of the weekend so I can mail it out. If I don't hear from you, I'll assume you're not interested, and I'll move on to the next closest entry PJ1958. thanks

[cavinsin]

SC1, terrible Friday for me anyway, way overweight in pharma, I am sure you were too. Hoping things come to the senses next week, For the offering price I think we were all stupid, They did announce that they are offering 8m shares to raise $520M, Well, it can't be any more clear, Divide $ 520m with 8M shares, and you get $ 65, However, logic didn't allow me to think rationally, for the

[Stockcoach1]

Cavinsin you're not kidding. I got way too many eggs in my Concordia basket and this was the worst dollar loss for me ever. In the past, I had stocks go to zero and get delisted, but I didn't have as much riding. You didn't misinterpret anything.  Looking back, CXR never mentioned the 520 million till Thursday night, only that they were to issue 8 million shares. There was no

[cavinsin]

Thanks for explanation SC1, I totally forget that. Cant hardly wait to see what Monday brings, some buying I hope, Does any one know how many shares from 8M, were purchased for retail investors, by Goldman/RBC?? and who sold 4 plus Million in NY?? Thanks all and good weekend

[Stockcoach1]

Its impossible to know how the shares were distributed by Goldman. My broker told me that none made it to Canada, and probably none went to retail. All would have been distributed by Goldman to big US clients and houses and probabily ended up in their funds. In any case settlement is at month end if I'm not mistaken, but Goldman is on the hook to CXR for the cash, and the big US clients would