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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Lendemain de veille
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Post by Lesalpes29 on Jun 24, 2016 7:26am

Lendemain de veille

At least pound was up before the vote. And -8% right now is not as bad as they called it. Not Time for a panick selling but Time to analyse... Buying for me before any News from company, I don't think so. Wait and see. Glta
Comment by donaldspice on Jun 24, 2016 7:59am
The pound was at todays levels earlier in Q1 and cxr still met guidance. The effect of this is overblown. The pound has been fairly volatile for a while leading up to this vote so people cannot act like this is a surprise.
Comment by sunshine7 on Jun 24, 2016 9:55am
This is worthy of a re-post. GBP is 1 cent lower than the March low which did not seem to be a major issue. Certainly not favourable, but not disastrous. Those same people who voted for Brexit still need their meds paid for by the government they voted against. Go figure.
Comment by Craigbad on Jun 24, 2016 8:02am
Been watching alot of bloomberg and most analysts are expecting the pound to keep weakening. Many expect a rate cut and more QE which will keep adding pressure on the currency. Aside from the initial hit, i am now more concerned with cuts to price targets and downward guidance revisions which almost seem a given at this point. Wherever the price falls to from the initial shock, if analysts start ...more  
Comment by Roller007 on Jun 24, 2016 8:10am
Analysts cutting targets?  We are even close to trading at these targets, why would it matter what these analysts do.  
Comment by Lesalpes29 on Jun 24, 2016 8:16am
Donald you'r right. And Roller I don't see analysts cuting target price. Just take a day off today!
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