Concordia Healthcare Corp. T.CXR.R

Aggghhhh..

[CYBERPUNK]

This could be worse than a downgrade.  Amber Kanwar tweets Mackie on Concordia:  "overpaid for weak assets...   debt to EV ratio is 85%... has an onerous and treacherous path going forward "  Plus other bad  stuff.  They are discontinuing coverage.

[wallop13]

Sounds like they are saying cover now. They were just taking one last shot on the way out. BNN said short position is down to 19% now.

[CNInvesting]

Down 11% yeah... 1)Short interest report comes out tomorrow, so... 2) That would mean about 7.5 million shares were covered... I don't rememeber seeing that kind of volume from the buy-side lately. BNN keeps up with its tradition of spewing BS. Never mind what they say.

[Lumberfeverlong]

Can anyone verify if and when Mackie took a short position on the stock?  They are a third tier firm.  I would not put too much credence in their analysis.  By their statements, they would have you beleive that there is no place in the market place for companies selling generic drugs, which we all know is complete BS as generic drug companies have played a major role in the

[CNInvesting]

Agreed that their analysis has little weight to it. Also, it's a sell-side firm and in 2015 they were quite happy to rate CXR a buy when it was trading at 81$. Always a flipside.

[sunshine7]

 Yes, debt to EV 85% ... and dropping 5%/Q as CF seems adaquate to service and pay down.

[GoldBug024]

Most biased reporter I've ever seen. Have you seen her coverage on real estate market? So one sided. Has mentioned numerous time her and her new hubby want to live in downtown TO but cant afford. Full disclosure I guess? LOL