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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > We will find out next week.. pick up your cheap shares..
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Post by fundtrader on Aug 09, 2016 8:07pm

We will find out next week.. pick up your cheap shares..

valeant moves up by 6$ ...cxr will follow suit. We need more clarity on bids by apollo and kkr. I am sure we will get more info on it next week.
Comment by Dasani20 on Aug 09, 2016 8:14pm
really? I really doubt that is ever going to happen. It has been months and we've heard nothing. That is a bad sign 
Comment by Lullivulli on Aug 09, 2016 8:17pm
if you think its taking months, then it doesn't mean that deal can not go thru. its not selling and buying grocery from a store. its enough for investors that process is on. IMO, its almost there, seems the deal will be sealed just after ER.
Comment by Dasani20 on Aug 09, 2016 8:31pm
The burden of proof is on you.  I think it was negligent of management to allow the smear campaign to go on as long as it did. It has hurt the company  - why would Apollo or KKR want to purchase it at this point? 
Comment by Sonicboooom on Aug 09, 2016 9:37pm
Unfortunately the stars aligned perfectly over the last few months for short sellers. They took advantage of a situation where management couldn't say much while reviewing strategic alternatives and possible BO offers. Then Valeant crashes, Brexit etc. And now CXR has bottomed and the true story of what's been going on quietly behind the Scenes will be revealed on Friday. 
Comment by CNInvesting on Aug 09, 2016 10:05pm
Don't you ask yourself why they never said what was the primary reason for starting a ''strategic alternatives commitee '' in the first place ? Why exactly did shareholders need this ?
Comment by wallop13 on Aug 09, 2016 10:27pm
The stock dropped by 75%. When something like that happens everything is on the table. The strategic review could end with something other than a sale. 4 months is not that long when you throw Brexit into the mix. It's hard for us because we have no idea what is going on. Then the stock drops and we assume something is wrong, but we really have no idea. I really find it hard to believe that ...more  
Comment by Sonicboooom on Aug 09, 2016 11:22pm
I've asked myself the same question and I would love to hear the answer directly from MT, but when you look back, after it was made public that Blackstone and Carlyle backed out, then The effect of Valeant pricing scandal (that Clinton interview), stock price starts to tank, shorts take advantage of the situation adding fuel along the way as shareholders go into panic mode, margin calls, sell ...more