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

TSX:CXR.R - Post Discussion

View:
Post by retiredcf on Mar 04, 2016 8:55am

Ross Healy

This explains part of the problem that CXR is having. As pointed out, Ryan Modesto made CXR his top pick last night. But earlier in the day, Ross Healy also commented on the stock (second stock featured). Nolw it didn't help that the question followed one on VRX. But as CXR has previously been called a "baby VRX" , some analysts (including Healy) are still having trouble separating the two companies. Unfair to CXR but there you go. GLTA

https://www.bnn.ca/Video/player.aspx?vid=821071

CXR-T 2016-03-03 DON'T BUY Ross Healy
 
The upside potential is huge and the balance sheet is pretty good.  It meets all his criteria for an interesting investment.  But he does not know to what extent it is a VRX-T in disguise (see today’s option on VRX-T) so he is not interested.
 
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Price:
$39.450
Subject:
NORTH AMERICAN - LARGE
Bias:
BEAR
Owned:
No
Comment by adamchess on Mar 04, 2016 11:36am
It is painfully obvious some of the "analysts" have only a very limited knowledge about the companies on which they are asked to express an opinion and should not be taken very seriously. It is sad since they probably screen the calls before they take them. If he doesn't know whether it is a mini-Valeant or what the differences are, then he shouldn't make such comments, imo ...more  
Comment by easymoola2003 on Mar 04, 2016 12:36pm
Totally agree with your comments .. I am speculating that the guess provides a list of equities that he wants to comment on and the BNN call and message screeners go to work on lining up thinks against that list. Some analysts have kept me out of some stocks because I thought they had more data than I; only to be proven wrong. I know take their advise as but one point of view.
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