Concordia Healthcare Corp. T.CXR.R

Brexit vote

[Lesalpes29]

Puma wrote that it's the only reason to short at this level... now where the share price is going before the vote... whithout bo news it's going down unfortunatly. Glta

[select1011]

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[CNInvesting]

The English treasury estimated that a Brexit could hurt the pound by -12% in the first year. Future years would see it stabilize as well as GDP and overall economy.  CXR holds a lot of debt in pounds but if the GBP goes down, and the USD remains strong, this Fx problem would ''kind of '' be lessened. Good US revenues would compensate for the loss in Fx with UK sales. Of

[select1011]

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[CNInvesting]

Your comparison is misplaced and instead of using sarcasm as a way to express yourself you'd rather remain silent. I'm not kidding anyway, it's just plainly objective. I don't make emotional investment decisions and the truth is that a Brexit impact is completely overrated. Remember when they were talking about a Grexit ? Gosh it was the end of the life of the EU forever. All the

[select1011]

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[WillyWally]

It's funny you say that, because the pound actually got much weaker vs the USD after joining the EU. Check the charts... so what's your point really?

[select1011]

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[CNInvesting]

What are you talking about ? They didn't ''desperately need'' to join the EEC. On a purely economical standpoint, the UK was doing alright. They wanted to join the EEC for political influence more than anything else because Britain was lagging behind in influence on the world stage. This had nothing to do with the strenght of the economy, which was actually stronger than most

[select1011]

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