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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Board is slow today
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Post by Shqipe on Apr 18, 2016 6:51pm

Board is slow today

Looks like bears were busy. Soon this board will be the same as NHC, exact same thing happened there. Time and numbers heal everything. Could see 60 by June. Glta
Comment by MichaelSilvia1 on Apr 18, 2016 10:10pm
This post has been removed in accordance with Community Policy
Comment by CxrBull on Apr 18, 2016 10:33pm
This post has been removed in accordance with Community Policy
Comment by ohwhatanight on Apr 19, 2016 6:43am
I really thought we'd hear some news by yesterday......  I'm sure news is coming soon.  Will they pay down addional debt??   They must be approaching $300 million in the bank.  I'd be very suprised if they don't make some type of payment.  (hopefuly large)    The next 6 months should be quite fun ....  GLTA
Comment by sunshine7 on Apr 19, 2016 9:16am
cash on hand will be needed for earn out obligation to cinven and likely small product acquisitions to add to the top line which ultimately lowers debt ratio.
Comment by Shqipe on Apr 21, 2016 4:29pm
Called it boys. Looks like bears are back to say that it's not a done deal. No shi it's not done but I wouldn't be caught short though haha
Comment by Craigbad on Apr 21, 2016 4:37pm
Had a guest on bnn who said the company was under heavy pressure to generate news to reverse sentiment and stop the share price bleed. Hard to say whether talks are serious or not. It may be just a ploy to play chicken with short sellers to get the pressure off the stock. Its a cointoss at best to say how much of a premium could be given the huge debt even if a bid was serious.
Comment by patenright111 on Apr 21, 2016 4:47pm
I am now leaning towards this being more hot air based on cxr actual statement and how the halt happened as I already explained - cxr trying to create squuueeeze and reverse sentiment which I don't blame them as the short crooks have been ruthless
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