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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Capital Cube U.S.
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Post by RetiredOntario on Dec 03, 2015 4:11pm

Capital Cube U.S.

Capital Cube ( don't know who they are ) issued a report this morning on CXR's 3rd quarter results that did not appear flattering and this may have caused todays price slump.
Comment by ruben12345 on Dec 03, 2015 4:37pm
Exactly. Terrible report. 
Comment by Stockcoach1 on Dec 03, 2015 4:39pm
RetiredOntario - You can find the full report by CAPITALCUBE on reddit. I posted it there along with my thoughts and comments.
Comment by Slinger14 on Dec 03, 2015 6:23pm
While it's possible that report played a factor in the 5% decline in SP today, I don't believe it did.  I don't think some stock screener that none of us have heard of can single handedly cause a 5% decline in SP by releasing a few numbers that people have seen before.  Large firms with analysts covering CXR a lot of the time have no impact on SP when they upgrade their ...more  
Comment by TG1960 on Dec 03, 2015 7:02pm
Downgrade by Mackie today also...lol...they want u to sell them your shares retail guys....hold from spec buy.
Comment by Slinger14 on Dec 03, 2015 7:37pm
Yes, you are right.  Mackie did downgrade.  Crazy how they can downgrade a stock from a buy rating that is trading at <6x next year's earnings!  And another factor in the decline today was the 1% drop in the TSX!  I think we are overlooking that since dips in the broad market seemed to not play much a factor on CXR SP in the recent past.
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