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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Possible Reasons For Continued Bad Stock Performance
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Post by Register123 on Sep 01, 2016 5:00pm

Possible Reasons For Continued Bad Stock Performance

CXR seems to be getting hit far harder than VRX.

Even with all of VRX's problems, when they announced Joe Papa a while back, the stock price bleeding seemed to stop and has held its own since then. I still think VRX shares as an investment is a hugh risk, but the market seems to be willing to put aside all VRX's baggage.

As far as CXR is concerned, I think the market has lost faith in Mark Thompson and the management group, the shorters realize this and are taking advantage.....what else explains the continued freefall of CXR's stock price vs. VRX....?

I still suspect that CXR will be bought out by a private equity firm or pharmaceutical company, perhaps this month...However, if nothing materializes by the end of September, I think the Board needs to face reality and ask Mr. Thompson to step down as CEO.......
Comment by Juice004 on Sep 01, 2016 6:31pm
They should ask him to step down asap not wait for anything else