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Concordia Healthcare Corp. > CRESCENT STREET IS CALLING FDFD12

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Post by cashflow98 on Mar 24, 2016 1:00pm

CRESCENT STREET IS CALLING FDFD12

All this worrying and crying over a few bucks....do yourself a favour and go have a few pints. Ask yourself why did you buy this company in the first place ? So that you could sell after a day, a month, 3 months, 1 year ??? The story HAS NOT CHANGED. Get a grip and go enjoy the Easter weekend. CXR will be fine.

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Comment by fdfd12 on Mar 24, 2016 1:13pm

I need one let me tell you. OK the experienced (much more than me) technician, Bill Carrigan is on BNN now. He said something on VRX and it makes sense. He said when you have major technical damage you had with VRX (the big drop) it takes 2 or 3 years for the stock to come back. In the meantime, it will trade in the range of $40-$70 for those years. COncerning CXR, same thing. Yes it is a ...more

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Comment by sunshine7 on Mar 24, 2016 1:25pm

I don't believe it. In 2 years trading at under 3 x eps after considering growth and likely other product distribution opportunities? I seriously doubt that. If you really believe that, then time for you to sell and go away for a long vacation (or a beer).

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Comment by fdfd12 on Mar 24, 2016 1:30pm

beer sounds good again lol. Are you watching market call NOW. You would have seen him say 2 or 3 years for VRX. Remember VRX said they will do $10 US this year. They are also trading at 3X this years earnings.

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Comment by adamchess on Mar 24, 2016 1:37pm

Yeah, go have a beer with Nutbar. Get your refocus. With all due respect, I turn off Bill Carrigan. I am sure he has some success with his predictions, but TA does not take precedence over fundamentals of a profitable company. No way - no how. The momentum will turn positive on CXR when market takes time to digest where we are heading and fresh slate for 1st Qtr will make clear how great this ...more

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Comment by adamchess on Mar 24, 2016 2:04pm

Bill Carrigan picks CAE as a Top Pick even though it has done nothing the last 3 times he picked it. You think this is someone you should be taking your advice from? Nice guy, nice hair. lol

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Comment by Simulacra on Mar 24, 2016 1:48pm

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Comment by themangokid on Mar 24, 2016 2:11pm

overlevered but that why its trading at 4x 2016 earnings. vrx is facing a whole litany of problems. you may not like cxr but I think legitimatly linking the two together, other than them being in the same sector, is a bit of a reach, in my opinion.

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