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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 Scruggstyle on Feb 12, 2016 7:26am

Fdfd12

OK fdfd12, how would you like to enter into a friendly wager to demonstrate the level of sincerity and conviction that you have towards your implied viewpoint? The viewpoint to which I refer, is that general pessimistic view that cxr's share price will do poorly over the forseeable future, that underpins most of your discussion. How about a simple wager that the share price will be at least $60 CAD by July 31, 2016? No discussion or speculation about the impact of company operating results vs. changes in the IBB or anything else is required, but rather just a statement about one's belief in the expected return on an investment in cxr between now and then. I would be willing to use a lawyer's trust account to facilitate the transaction.
Comment by fdfd12 on Feb 12, 2016 7:34am
You just don't get it. CXR's price has (the way things are going in 2016) very little to do with CXR's fundamental performance. CXR is probably doing great. I expect it to do over $7US and more than their upper guidance of $6.77 US. What I am saying is that if the market doesn't go up, forget about $60CAN. Me wagering you really depends on what I think the Stock Market and the ...more  
Comment by puma1 on Feb 12, 2016 7:44am
Scotia reflected on this issue with their update of VRX. They pointed out some really strong evidence to support their guidance based on script runs but said that in the end they so not see the SP reflecting the facts until 2h. I think the same inferences can be made about CRX.
Comment by fdfd12 on Feb 12, 2016 7:49am
Hi Puma What is 2h
Comment by puma1 on Feb 12, 2016 10:57am
second half fdf. it was interesting to see that Scotia had updated their CXR and VRX reports at the same time but the CXR comments were much more detailed. on the IBB fdfd - i still say chart it for 1,000 day average and cross that against most other major indicies  - all rolled to this average just as 2011 and i really think that it is likely here where they float for a while but any ...more  
Comment by fdfd12 on Feb 12, 2016 11:07am
Puma, was it you that called the IBB bottom at 240 while I had said 260? Hopefully this is the bottom. Yes I think 2h (lol), CXR will be great. I think it will do well over 50% from July 1 to Dec 31. Problem is, what is the starting point. Hopefully we can start at 50 and get to 75 instead of starting at 30 and getting to 45. That is why the IBB (Market sentiment to pharma stocks) is ...more  
Comment by puma1 on Feb 12, 2016 11:59am
yeah fdfd - not smart enough to call a bottom, but i watch that 1,000 chart and it seemed to be gravitating there. heard an interesting one on BNN yesterday? from Francis - apparently something like 3% of the IBB makeup is trading above their 50 day ma , so the suggestion by a NY trader was that it might be a good signal of a bottom or at least a flattening out.
Comment by 1health on Feb 12, 2016 2:30pm
Keep in mind China is opening on monday, after a week. Lot of action
Comment by Scruggstyle on Feb 12, 2016 8:58am
Oh, I get it alright. I just believe that the same market that you tout as being responsible for holding us back, will also be the same market that rewards earnings performance. I also believe that purporting to be "long" while focusing discussion on short-term market fluctuations and disseminating fears and worries about same is wrong and should not be construed or taken as sound, long ...more  
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