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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Short Interest Summaries
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Post by rickety1 on Jun 26, 2016 4:19pm

Short Interest Summaries

TSE:  May 31/16 - 764,906,  June 15/16 - 750,995, a decrease of 13,909.  Nasdaq:  May 31/16 - 10,298,513, June 15/16 - 12,139,223, an increase of 1,840,710.  Therefore 12,890,218/51,015,872 = 25.26% short interest.  Short interest people must know something that a lot of the guests on BNN are not aware of!!  I would have thought the short interst would have decreased in this period of time, instead of increasing by a total of 1,826,801 shares.  I don't know who to believe anymore!!  This is a very high percentage of short interst. I hope a bottom has been put in.  GLTA
Comment by CxrBull on Jun 26, 2016 4:53pm
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Comment by lnvestor198 on Jun 26, 2016 5:57pm
Oh gawd.  This video was funny to watch now.  Those glasses of his, WTF?  The guy from Saskatoon that Donville said he feels sorry for that sold yesterday (when was that, October) is probably looking at the stock price and saying THANK THE LORD! When was the last time pumped Concordia, when it was $43?  He probably dumped it right after his pump on BNN the only difference is it ...more  
Comment by cavinsin on Jun 26, 2016 6:53pm
Shorts know nothing, that is not available to the general public, trust me nothing, nothing more, Comes down to the question, Do you believe that acquisitions are worth the money they pay for it, Shorts have believe ,that they bought garbage and over paid for it, It hurts but I am still staying put (long), I believe they ( shorts ) are wrong, I am willing to take this chance.. Ask lattice ...more  
Comment by Roller007 on Jun 26, 2016 6:56pm
Cavinish:  Cxr overpaid for amco, but it's a cash flow machine. The issue is the debt.  The short thesis is that Cxr will not be sold and they are correct so far, since the buyout rumours the short positions more than doubled from 5 million to over 12 million.  
Comment by cavinsin on Jun 26, 2016 7:06pm
Thank you , Roller I understand all that, but all they need is around $ 600m per year to maintain corporate expenses and pay interest on debt, Correct?/
Comment by Roller007 on Jun 26, 2016 7:27pm
Yes but the issue yet to be determined is whether any drug pricing or discontinuance or elimination ( ie donnatel) as well as the pound factor will effect the cash flow.   Many unanswered questions that MT will soon need to address once these buyout talks are done. Let's hope for some resolution this week.  I'm stressed out buddy.  Lol
Comment by Silverbull13 on Jun 26, 2016 8:32pm
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Comment by Lattice on Jun 26, 2016 7:30pm
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