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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Assuming no deal we traded 10% down
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Post by Roller007 on Jun 02, 2016 4:55pm

Assuming no deal we traded 10% down

If the market took out the takeout premium today and the SP ended only down 10%, I would say we had a great day.  I keep saying look at the volume, and today's was the biggest ever.  It's very near, management response to the day says it all.  They did not need to justify anything, confirm or deny who is involved in the talks, tell us if blackstone is out or in, tell us that Cxr is a good company or anything else.  Simply put they told us that this is happening and it will be swift.
Comment by regardless on Jun 02, 2016 5:01pm
roller....management said nothing of weather this will be swift or not...the even said nothing is guarenteed.... here is a big issue....shorts were about to get strung up by the ballz at 45$,,,,yet again , like they always do...they all probably covered their position based on erroneous informationm.... management had the oppertunity to release anything positive before the article from yahoo ...more  
Comment by regardless on Jun 02, 2016 5:16pm
just think roller007...if the company gets out their release that negotiaions were still ongoing before the article comes out about blackstone walking...we would have seen mid 50$s today.... bad job by management letting shorts cover///...they probably covered all their shares
Comment by DeltaVega on Jun 02, 2016 5:20pm
Confused. Would shorts have started to cover as SP was increasing after 1130am? Went up 11%. Regardless tough battle moving forward. Sell at 50usd and move on.
Comment by Roller007 on Jun 02, 2016 5:23pm
Regardless: short can only cover when someone sells. Don't sell if you are long and a true shareholder of Cxr.  
Comment by Roller007 on Jun 02, 2016 5:21pm
Regardless:  Cxr has an obligation to its shareholder, not day traders or shorters. No need to confirm reports or deny them,  as a shareholder you should only concern yourself with the news releases coming from Cxr.   If you are long then you watch the show until the final curtain drops and that action will be conducted by management.  
Comment by select1011 on Jun 02, 2016 5:39pm
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Comment by Roller007 on Jun 02, 2016 5:52pm
Select:  I see you are back as well.   Botched what?  Do you know anything about takeover talks ?  They can't release anything or even a hint of anything until the deal is done, if they do so it's called insider trading.  Do you not understand that their brief statement today was exactly the confirmation that the meal is almost cooked.  Again and again I will ...more  
Comment by select1011 on Jun 02, 2016 6:07pm
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Comment by OscarTheGrouch on Jun 02, 2016 6:18pm
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Comment by Roller007 on Jun 02, 2016 6:26pm
Oscar: yes I've been saying it has and will still say it is.  I have lots of trash cans if you want me to send you one then just say so.  If you are wondering why I have so many trash cans? Well off course it's for all the money I'm going to make on Cxr.     See you at the end of the tunnel.  
Comment by sunshine7 on Jun 02, 2016 5:55pm
ok select, you have been riding the dump MT horse for quite a while now. CXR does not need to answer to rumours and it would be inappropriate to comment on negotiations. The supposed leaks are immaterial to operations and the sp is open to manipulation by THEM. Remember, the largest non-institutional shareholder is MT himself.
Comment by curiousbuild on Jun 02, 2016 6:00pm
S7 how many shares does MT own? CB
Comment by select1011 on Jun 02, 2016 6:12pm
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Comment by JxEssence on Jun 02, 2016 6:23pm
If/when MT gets ousted as CEO will he dump all of his shares on the market or will he go down with the ship?
Comment by notwrong on Jun 02, 2016 6:12pm
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