Concordia Healthcare Corp. T.CXR.R

Cohodes had moved on to BC real estate

[GoldBug024]

This guy is a ambulance chaser. If you're shorting CXR or your home in Vancouver based on his opinion you will truly be without you shirt and your home...

[wordless]

For clarity, he is shorting Home Capital Group.  Not the housing market per se.  But hw makes stupid comment son Global TV sayign he expects a 50%-80% decline in Vancouver housing?  What a joke.  He lost all crediability with that one statement right there.

[adamchess]

It is doubtful Canadian prime real estate will even go down 10% in any foreseeeable future. He should keep his advice to horses and chickens and American stuff he might know more about.

[yycish1027]

I think he would be betting on that 10% profit max for his short position. Vancouver is a world attractive place, as long as the weather is nice all year, as long as there is a ocean view, and as long as canada accepts those business immigrants, the housing price is going up. When somebody can buy a million dollar ocean view(probably in cash), I would not consider addtional property tax gonna have

[GoldBug024]

He throws out comments with no in depth understanding. Said that schools in vancouver are closing, therefore it's because Asians are buying houses and leaving them vacant. Only locals know that schools have been closing for two decades bow due to an aging population and people having fewer kids in the big city.

[adamchess]

The prices in Vancouver and Toronto go up as much as 10 per cent monthly it seems. Don't see how shorts can ever make any money from that.  Maybe HCG but that is Alberta mostly?