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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Shame to give this all back
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Post by JustforFun7 on Dec 07, 2015 11:27am

Shame to give this all back

getting pulled down with the market in general? Weak because of the high debt and uncofirmed  net income to pay it down? Downside exaggerated by computer algos who make up most of the market and  trade a trend direction until it is way over done becuase they don't know when to stop? Tax loss selling?

Watch for a crazty run back up in the other direction as soon as  some new money breaks the direction. Unfortunately if this is being pushed by energy break down / market breakdown (coming off highs in US again, fear of Fed decision effects)), this could go alot lower until the earnings come out. 

The energy breakdown was foreseeeable once OPEC decided to keep the spigots open.  Reserves have to be written down,  some companies have to be crushed so that future  oil production does not spring back  once oil prices  move higher. 

JFF7
Comment by Money10179 on Dec 07, 2015 11:31am
thats what i think too. the scary thing is there are no clear catalysts in the near term for cxr and a lot of doubt. Add that to negative TA and it doesn't look good. My guess is MT knows what the chart is saying and thats why he is scheduled to be on bnn (which every ceo does when their stock is tanking)
Comment by Marcel7 on Dec 07, 2015 11:39am
1. MT does not look at the GD chart buddy. I would like you to show me a quote from a SINGLE CEO talking about the chart of their company. He is too busy running the business and making money to watch the TA. Idiotic. 2. Mondy10179 said this regarding his advice to sell into this being self-serving:
Comment by Money10179 on Dec 07, 2015 11:42am
wether or not he is looking at the chart, I can promise you he is aware of the stock price!
Comment by Marcel7 on Dec 07, 2015 11:45am
Of course he is aware of the stock price. He bough a million dollars worth at not much lower than this.
Comment by Money10179 on Dec 07, 2015 11:48am
What is a CEO's job again? Oh yeah... To get maximum returns for shareholders
Comment by Marcel7 on Dec 07, 2015 11:55am
Exactly. From your mouth, not mine. And how exactly do you think he can best do that? By watching the stock price all day? As a shareholder I hope he ignores the stock price completely and continues to do his actual job.....which is to run the business. The stock price will follow with solid execution, which I have no reason to doubt is happened. Not sure what world you live in where you think ...more  
Comment by Money10179 on Dec 07, 2015 12:03pm
Im just saying last time this took a huge hit he was on bnn defending it and trying to distance from vrx, if he is on wed it is for the same reasons. to try and gain back investor confidence. I actually applaud him for trying to do something short term as waiting for next ER is all the way in march. I have no doubts he has a lot on his plate but when your stock is down for a week straight for no ...more  
Comment by Money10179 on Dec 07, 2015 11:46am
like i said before, i don't care what anyone else does (sell or buy). i am not against this company, nor am i a basher. i am positioned to gain or breakeven either way right now. I have more calls than puts so it would serve me best if this went up actually lol
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