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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Nothing has changed
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Post by fdfd12 on Oct 16, 2015 10:08am

Nothing has changed

Everything people are saying on this board, if it was true, this should not be happening.
There is something really wrong here.

This is a disgrace.
Look at VRX, up 4%and this down 7%.

Clinton effect is finished, this is something else bigger that what we bargained for.
Comment by deleuze68 on Oct 16, 2015 10:15am
This is nothing more than a buying opportunity. It's all about value. Look up the chart of chr.b and what happened in mid 2013. Selling begets selling. People panic for no rational reason as you are proving here. But the smart ones buy value and they make a killing.
Comment by fdfd12 on Oct 16, 2015 10:18am
I admit it. I am in panic mode. I haven't seen a chart like this possibly ever. Why would SMART (instituional) investors dump on high volume and guys like us buy in the 30's. You think we are smarter and know more than them? This is getting scary.
Comment by Roger87 on Oct 16, 2015 10:25am
Dont panic. I averaged down to $69/share. We are all losing
Comment by CNInvesting on Oct 16, 2015 10:22am
100% spot on. Has anybody here hold a company's stock for more than 5 years or what ? There is no reason for CXR to go down, just like there is no real reason for VRX to go up. I mean, they came up with an acquisition of their own, but that doesn't make the subpoena go away. It's just general panic. What's happening with CXR is the shorts are all over it. The stock is being tossed ...more  
Comment by fdfd12 on Oct 16, 2015 10:28am
shorts have to cover by buying back. They haven't done that obviously. Why aren't they covering?
Comment by RusticHit on Oct 16, 2015 10:31am
Ya nothing has changed thats what we lots of investors bought it at 60 bucks to see another 40% drop ,,TSX should halt it and ask and Inquire for such a drop every day ,But Fkin no regulations here ,Retail Joes losing tons of Money . with smarties like Dunn
Comment by Azures on Oct 16, 2015 10:34am
Thank you for stating what needs to be said CNInvesting. Great summary. The fundamentals haven't changed, and even with the debt they took on, this acquisition is largely beneficial to the company. It expands Concordia's reach worldwide and diversifies them.  if anybody here wants to sell, then do so. You'll be much dissapointed later. This is short term noise, if you're ...more  
Comment by CJAlberta on Oct 16, 2015 10:42am
This post has been removed in accordance with Community Policy
Comment by healthstock1234 on Oct 16, 2015 10:44am
we have only 3 business days before the acquisition.
Comment by cavinsin on Oct 16, 2015 10:51am
I am of opinion it could happen on Monday 19th, I also think we hit bottom this morning, this is it, reversal will be swift, and quick as downside....
Comment by fdfd12 on Oct 16, 2015 10:54am
People said we hit the bottom at $50, $45 and now this morning. We will hit the bottom the day we drop and turnaround as I have mentioned. Capitulation is what it is called.
Comment by JustforFun7 on Oct 16, 2015 10:59am
today could be that day.  Turn around looking good but needs to fiish green  with confidence.  Long way to go today.  JFF7
Comment by CJAlberta on Oct 16, 2015 11:02am
This post has been removed in accordance with Community Policy
Comment by JustforFun7 on Oct 16, 2015 10:56am
New here. Been watching for a while. In for a trade.  Yesterday they said they have adjusted  terms and will complete  purchase without breaching covenants.  Today could be the last take down  to pull out the last of the stop orders.... full steam ahead. JFF7
Comment by JustforFun7 on Oct 16, 2015 11:18am
I'm out. Nice  quick run.  I think it keeps going  up from here in coming days but why risk a quick  profit.   Just playing the bounces these days.   JFF7
Comment by smcapinvestor on Oct 16, 2015 10:49am
Most people in the market take their cues from what other investors are doing and it quickly becomes a self perpetuating spiral. CRX was awesome at $100 and terrible at $50, but it was the same company all along. The lemmings always buy high and sell low.
Comment by CNInvesting on Oct 16, 2015 10:50am
Thank God for the lemmings.
Comment by themangokid on Oct 16, 2015 10:31am
no one is liking this stock's action. we all have to make our own decisions, though, to either sell or hold. some of us are going to be right. some of us are going to be wrong. there is no shame in being wrong. obviously no one is right 100% of the time. if you're going to be wrong on a stock, its better to make the mistake yourself. if you think there is a problem with the business then ...more  
Comment by CNInvesting on Oct 16, 2015 10:32am
Amen
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