Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Nice rally today BUT
View:
Post by Marcel7 on Feb 16, 2016 3:06pm

Nice rally today BUT

the low volume is a little troubling. It doesn't look like the shorts are fleeing in volume if they are at all. With such low volume it wouldn't surprise me if we don't see them shake the tree a few times before earnings, but the window to cover may be closing. As for a buyout/takeover I don't see that happening for a while if at all. They will want to demonstrate just how profitable the combined company is before that would be a viable option. Marcel
Comment by select1011 on Feb 16, 2016 3:17pm
This post has been removed in accordance with Community Policy
Comment by fdfd12 on Feb 16, 2016 6:24pm
Volume is not high or low. Average volume so not troubling
Comment by adamchess on Feb 16, 2016 3:37pm
marcel: Didnt we have some recent reputable analyst coverage that indicated target of $76 USD? Seems like a pretty good indicator to serious investors with deep pockets. If looking for bargains you have to shop early. Cheers.
Comment by Marcel7 on Feb 16, 2016 4:17pm
It is still a bargain at this price. I loaded up last week, doubled my position, and last couple days have been a very welcome validation. As for serious investor with deep pockets, they don't really care what an analyst is saying, they would pour over the company before making an offer to buy, much more DD than an analyst can provide. I have no doubt there is interest to takeover. I guess ...more  
Comment by visionaryfool on Feb 16, 2016 4:36pm
Just to add, take-over is not likely until the election in the US is complete (2017). The primary reason someone would want Concorida is for tax inversion and those are not popular with politicians. 2017 would be a great time to be taken out though - lower debt, proven capacity to generate cash flow, and higher equity value.
Comment by select1011 on Feb 16, 2016 5:26pm
This post has been removed in accordance with Community Policy
Comment by YouLose on Feb 16, 2016 6:17pm
He has no doubt that he will sell his shares to the retail investor that is most gullible to his shameless pumping. If it isn't clear to the rest of you Marcel7 and Sunshine7 are the two biggest pumpers on this board. If Marcel7 is the king of the pump gang then Sunshine7 is the queen. I suspect they are probably the same person...next time maybe pick a number other than 7, happens to be BOTH ...more  
Comment by adamchess on Feb 16, 2016 6:35pm
All he said that no doubt there is interest in a takeover of CXR - not rocket science. CXR is trading at as low an sp as is possible given its profits and cashflow, etc. I am interested in taking it over, but I don't have access to $6 B or whatever it takes.  I am sure there are some more serious companies, etc. eye-balling CXR and what it will take to acquire. Who knows from where in ...more  
Comment by sunshine7 on Feb 16, 2016 7:35pm
Youlose, give me a good example of my pumping? Counterbalance to negative or misleading posts is not what I consider pumping. You obviously think otherwise, but I ain't going anywhere.
Comment by Marcel7 on Feb 16, 2016 10:21pm
Seriously, notwrong, youlose, or whatever you happen to be calling yourself this week, crawl back into your hole and disappear! If you read my post I said that while I have no doubt there might be companies interested in acquiring CXR I was arguing against a takeover happening dips**t. If you are going to use quotation marks like "without a doubt" then make sure it actually appears in my ...more  
Comment by Goldleaf420 on Feb 17, 2016 12:34am
Notwrong, sunshine7 and youlose are the biggest joke of this board without a question 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities