Concordia Healthcare Corp. T.CXR.R

Current price is under valued

[HappyYoda]

We can all agree the current price for CXr.to is under valued. What do we do when the books of a company are good and the price is cheap? Where is this company going to be in a short term of September? 

If you buy 10 000 shares and it goes up 10 bucks because of a buyout hyp and than get another 10 for a low ball buyout offer, how much money will each of you gained? What if it goes to projected worth of 90 us? Did you just get over 1 million dollars Canadian? What position and risk do you want to be in? Even shorter a cannot make that much in a single transaction as it is 3.3 times your positition? They shouldn't even be shortinging. They should take it to that level of 120 can than short from there

[adamchess]

Yoda - The simple answer is the shorts play their established strategy and not very smart. Also, there would be too many longs willing to buy on any cheap days if they are too bullish??

[wordless]

Why only buy 10,000 shares?  I'm sure $300K is just pocket change to most people on this board.  Maybe we should all buy 250,000 shares each?

[Craigbad]

What would you considet a cheap day? $31 isn't cheap enough for longs to buy?

[adamchess]

I was thinking about Yoda's suggestion to shorts let the sp go back up to $120 cad, then short cxr, but it may be harder to short from there perhaps if folks are too bullish?

[curiousbuild]

I don't know how many times I called myself dumb fk since Thursday's gong show.. Avg $30CDN and what the hell was I thinking not selling.. May be I am Einstein tmrw or next week or month.. CB

[Zdragunov]

You aren't the only one.... 

[CookieMonster]

Cahodes tweets that he would wear a dress and serve lunch to MT on BNN if Apollo bids $50 Cdn.