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

TSX:CXR.R - Post Discussion

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Post by fdfd12 on Nov 13, 2015 9:01am

Guys

Why are you guys buying and shorts covering today and not yesterday.
What is different than yesterday?

To me, unfortunatley, NOTHING.

I love and am long CXR but almost given up hope that this will only trade at a 5 multiple for
the next year.

Great results but it is in healthcare.
Comment by adamchess on Nov 13, 2015 9:29am
Expecting large funds to jump on board taking advantage of low sp for quick recovery in the coming months. Other healthcare stocks such as CVS, UNH have not experienced lowering of multiple. CXR continues to say they are very comfortable with debt levels and will be paying down with excess cashflow. 
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