Post by
jamesb14 on Aug 04, 2016 3:28pm
Stiff fines may be coming to AMCo
I'm just a disgruntled former shareholder who occasionally looks back at Concordia to validate my decision. AMCo was the crown jewel of the Concordia organization, and with recent news of price gouging I just looked into it and found some of the price increases, like that of thyroid medication T3 unconscionable. The National Health Service has recourse however, and if I were a being man I'd say the day of reckoning is coming. My advice to the longs is to make sure you know what you're invested in and the potential risks if and when such fines are lodged against the company. Remember, Concordia is responsible for recourse even if this occurred under Cinven's watch. The link to the article is below. That is all. https://www.theguardian.com/business/2016/jun/04/jeremy-hunt-asks-competition-watchdog-to-look-at-drug-pricing
Comment by
Rodentrunner on Aug 04, 2016 3:34pm
Another Short selling BASHER...nice try JAMESB14!!! no please go fk yourself!!!
Comment by
jamesb14 on Aug 05, 2016 1:12am
Great points, thanks for sharing your opinions.
Comment by
Rodentrunner on Aug 05, 2016 8:01am
everything you post is negative bad news!!! your being paid by shorts 100%% fk off already
Comment by
visionaryfool on Aug 04, 2016 3:37pm
Yeah I saw this as well while back. I believe the possible recourse is 10% of the annual earnings of the Company but its been a while since I did looked at this part. That puts the max exposure at somewhere near $60ish million USD.
Comment by
select1011 on Aug 04, 2016 3:53pm
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