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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > And the Herd went - Moo, Moo, Moo, Baah,Baah, Baah
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Post by Stockcoach1 on Mar 15, 2016 4:43pm

And the Herd went - Moo, Moo, Moo, Baah,Baah, Baah

Wow what a day with VRX . The panic made it drop over 50%. Way overdone for the mediocre change in the guidance. After all, in my opinion, it was overdone even before today, but the investor herd went wild. And when the herd gets panicked, they run tripping over each other as we saw today.

You watch, by tomorrow or the end of the week, the herd will realize that VRX will still earn around $10/SH and on a 10x multiple, this stock is wort $100.00 CAD. Then they will all be rushing back in. This stock will be up $20.00+ from here, in a day or two.
 
But as usual, CXR got sideswiped in all of this. Hopefully MT will come through with the guidance and then some. If he does, this will be the moment where CXR differentiates itself from VRX and It's not inconceivable that eventually CXR's SP will exceed VRX.
 
Comment by GoldBug024 on Mar 15, 2016 5:47pm
three words for you... Going concern risk
Comment by Goldleaf420 on Mar 15, 2016 11:50pm
Make  sense stock coach 
Comment by DeathPool on Mar 15, 2016 11:50pm
Stockcoach, Shame on you for saying that 50% of Valeant's equity evaporated today because of a mediocre change in guidance!   Did you miss the part that includes a debt default risk and ongoing federal probes ....  plus other disclosures in today's conference call that you obviously didn't listen too.  You should be spanked for even bringing up Valeant on this board ...more  
Comment by Stockcoach1 on Mar 16, 2016 12:40am
Notwrong incognito; I'm not pumping or even own any VRX. However, all the stuff you mention was known in the past and  already reflected the 60% discount. What I'm saying, that the miss by a few cents and a drop in 2016 guidance by roughly 12%, does not justify the further 50% drop. The  "debt default risk"  you mention is strictly a technicality, where some ...more  
Comment by Goldleaf420 on Mar 16, 2016 1:06am
I still agree with you and believe Vrx should lift $20 or so in coming days. 
Comment by StockPicker88 on Mar 16, 2016 3:25am
I cannot agree with you on VRX. I think there are some serious concerns with that company. Their biggest acquisition looked like a dud at this point. Salix acquisition alone probably account for half of their debt. This is suppose to be a star product driving VRX's organic growth for years to come. The worst part is that management tries to avoid the tough question by stating it is an ...more  
Comment by DeathPool on Mar 17, 2016 10:03am
Stockcoach, HAHAHAHAHA.      Language has great power and if Concordia does not change its mantra Concordia will go up in flames like Valeant.   Let's just keep talking about the same narrative, as the entire investment community is looking for another Valeant to invest in!   Are you shorting Concordia Stockcoach?  I'm beginning to think that you are.   ...more  
Comment by Pj1958 on Mar 17, 2016 10:47am
Deathpool... You got this posting thing down pat.... 2 days on Stockhouse... 5 ignores... That must be a record.... NUTBAR ... Youloser etc. 
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