Concordia Healthcare Corp. T.CXR.R

Extreme Capitulation is done

[LuckyPower]

I am fairly new to this board and came here due to yahoo board sucking big time....

to the existing shareholder who have not taken loss or took loss but comtemplating entry

following are my reason for jumping in first thing on monday morning
1) DEBT is everywhere and is conveniently floating around.....any and every piece of sheet company is loaded with it....as the money is virtually free and it will stay the same for couple of more years atleast....look at metlife they took a huge hit due to intrest not increasing.....adn they have revised down as they dont forsee any improvement in low interest envirnment......so welcome home my friend....concordia has atleast next few years secured ....have time to right the ship

2) it suck to see the divident getting cancelled but on a positive note they will have more cash to deploy towards debt or general purpose....it doesnt justify 40 percent hair cut anyways

3)with almost all the people here saying negative things ...for me its a huge positive indicator as it signals capitulation and best entry point you will get ever.

4)they are still cash flow positive and have a potential strategic transaction doors open.

5)retailer are always the first to capitulate and shorts knows it.....they will be covering in hoards coming week.....this drop has surpassed their profit expectation and they will be too nervous not to realize the profit.

so bottom line I see this is one of the best entry point in concordia trading history and I will be bold to say that I accumulated 5500 shares on friday end of day.

I will hold these babies until they hatch for 2x or more :)

peace
Lucky

[Chemdog]

agreed thats why i bought on Friday.... thanks for confirming my thoughts... good luck to us all

[Marky1]

Lucky....great blog! I too am a newcomer to this stock! I tried to buy in at 3.59 on Friday but my order was not filled..I hope that Bto 10am the stock will be down because I'll be jumping the water at that time! Any comment on that strategy would be helpful!  Good luck Lucky....Markie

[PANAGONINVEST]

I believe that extreme capitulation is still an ongoing process and Friday was just the first day of this process. It is clear that The Market has lost confidence in current Management which is still in charge. The same Management that just a few days before Friday's debacle said  "We remain highly confident in our business prospects going forward," said Concordia Chairman and

[derekli]

I like confidence of the managment! If they say they are not good, shorts will catch it and said:see, they lose their heart. they are down" but I think they still have some card on their hands

[BuyingNow]

derikli:  You have CONFIDENCE in management?  They tanked the stock 80% over the last 10 months and you have CONFIDENCE?  WHY?  You should read that article written by Value Walk that a poster TOMMY1 put on this board earlier today (And he was one of the STRONGEST BULLS on this BOARD who relentlessly attacked Lattice with every post).  Everyone here mostly wants to

[select1011]

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[LuckyPower]

Dear All, I am putting my foot where my mouth is ....got 4k in premarket and have a target of 10k shares by the end of the day.....all these shorts making noise is pumping me up even more ....lol I feel very good about my investment peace, Lucky

[LatticelnExile]

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[Goldleaf420]

 If you don't care, why are you here? got lost !

[LatticelnExile]

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[thedave2006]

good luck, swing trading.

[thedave2006]

keep averaging down on your 4K with another 6K.  Catching a falling knife and on flipside chasing momentum up is a mugs game.

[select1011]

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