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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Put Yourself In MT's Shoes
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Post by Longboarder on Jun 18, 2016 3:42am

Put Yourself In MT's Shoes

Put youself in MT's shoes and really try to be objective:

You have built a strong healthcare company with a global network and great cash flow ability. Your share price has stampeded from $7 to $117 in less than two years. Things couldnt look better until the failure of a company in your sector, a negative market sentiment, and a vicous short selling attack drive your share price all the way down to an unbelievable $25. You can't do much to refute the short selling tactics except run your company to the best of your ability. You do just that and deliver two strong quarters only to see your stock price make small recoveries before being driven down to $30 over and over again. In the midst of your stock price struggles, you are approached by firms looking to buyout your company and end your stock price struggles once and for all. As you watch your stock price continue to bounce around near all time lows, you come closer and closer to a deal that will be benefital to both parties. Your stock price has made a slight recovery by now as your most recent earnings and the prospect of a buyout have finally created a positve atmosphere for you stock. However a day of ridiculous rumours and possibly very illegal activity, crumbles your stock a ridiculous 25%. You know that short interest in your stock is as high as ever and you are getting closer to a buyout deal every day. 

Now what would you do? Would you rush to make a press release refuting the short attack and the false rumours in hopes of stoppin the further detierioration of your share price, while giving the shorts a reason to cover? Or are you content watching your share price slip day after day knowing the the shorts are getting greedier and greedier, while you are extremelly close to striking a deal that will fry all those who ruined your beautiful company and reward all those who have loyally stuck with your company?  

Seems like a pretty easy decision to me.

Comment by bull_man on Jun 18, 2016 8:34am
longboarder, nicely articulated and i hope you are correct; regardless, cxr's fundamentals speak for themselves.....it just might take a bit longer to go from where we sit to it's proper valuation should a buyout not materialize.
Comment by relaxxxxxxo66 on Jun 18, 2016 8:46am
SAD part about this whole mess with CXR, the next quarterly report will be even better than the last quarter and everybody  and his grandmother will jump in to invest in this great money making machine. We all have such short memories, like voting LIBERAL!
Comment by stjjmac on Jun 18, 2016 9:07am
Comment by notwrong on Jun 19, 2016 12:02pm
This post has been removed in accordance with Community Policy
Comment by CNInvesting on Jun 19, 2016 12:27pm
It pisses me off as well that the company has done nothing to fend off the ''attack''. However, I don't know to what extent the management's hands were tied during the whole process.   Perhaps they still are since in the last release on the matter they said no more comments would be made on the outgoing review.  I'll give him the benefit of the doubt since ...more  
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