Post by
fdfd12 on May 04, 2016 11:08am
It is 50%
Amber just tweeted to me it is 50%.
Sorry Stockcoach, I wish it was 15%.
So that means if it went from 2-29 then the last 50% means
CXR got it when it was 19 or 20 and rasied it to 29.
Comment by
WillyWally on May 04, 2016 11:16am
That's it? Even 500% would have been a non-story on such a low priced, non life-critical item. Shorts will have to do a lot better than this in my opinion.
Comment by
Stockcoach1 on May 04, 2016 12:11pm
Thanks for that clarification fdfd. Don't know where she is getting that info...certainly not from CXR.
Comment by
adamchess on May 04, 2016 12:17pm
It doesn't sound right considering MT has always maintained Concordia would be raising prices only high single digits? I think BNN has their signals crossed.
Comment by
Stockcoach1 on May 04, 2016 12:27pm
CXR is not aware of this number but they did say that this may be their # 1 selling product in time as they are bringing it to the Chinese market where pollution is the number one reason for conjunctivitis. With a population of billions and apparently no reliable competition the sales are about to explode.