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Concordia Healthcare Corp. > Pharmacist accuses drugmaker of 'massive fraud'

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Post by healthstock1234 on Oct 31, 2015 5:38pm

Pharmacist accuses drugmaker of 'massive fraud'

https://www.latimes.com/business/la-fi-1101-valeant-pharmacy-20151101-story.html

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Comment by FlintNewell on Oct 31, 2015 6:26pm

This is related to Valeant only and should be posted into the Valeant discussion board. Thanks, Arneh

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Comment by healthstock1234 on Oct 31, 2015 6:34pm

Yes it is related only to Valeant but Valeant was one who influenced the most S&P/TSX on Friday. CXRX after hours quote is +0.03%. If the oil price will be up on Monday,S&p/tsx , dow , nasdaq will be green , despite Valeant situation.

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Comment by JustforFun7 on Oct 31, 2015 8:34pm

CXR price is where itis because of what is happening at VRX. To ignore what is happening to VRX is silly. Like putting your head in the sand. Volume on CXRX is inconsequential after hours or pre-market from what I have seen. JFF7

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Comment by FlintNewell on Oct 31, 2015 10:29pm

If you're holding CXR for the long-term, (my opinion) is any news related to VRX's Philidor issues is likely not relevant. Yes, it is true that any negative news related to VRX is also negatively affecting CXR's share price. However, the price action has provided a very unique opportunity to buy shares of a company (CXR) at a significantly low valuation. The best advice I've head ...more

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Comment by healthstock1234 on Oct 31, 2015 11:08pm

JFF7 you were wright concerning VRX! It is not only Phillidor involved. Nobody know the magnitude right now. We will see it next week. Just,DO not put your effort for others who can not understand how the stock market fluctuate!

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Comment by FlintNewell on Oct 31, 2015 11:39pm

No rational investment decision has ever been made by spreading fear and uncertainty. If you're holding CXR in a diversified portfolio, have a reasonable weighting for it, and are thinking long-term, the magnitude of Valeant's problems is not relevant as a CXR investor. Let's assume the worst case scenario for Valeant. Assume for the moment ...more

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Comment by adamchess on Nov 01, 2015 12:38am

healthstock: how to understand what you are saying? I can only guess. JFF7: Interesting to know the details but I disagree that any of it should affect Concordia or other stocks in the same sector. It is such ignorant nonsense, but I agree it is obviously happening. I cannot believe people are that ignorant or rather they just choose to be in order to make easy money. No way Valeant as a ...more

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