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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > I Just Want To Say That I Lost Over 70%
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Post by BlueJaysFan on Sep 04, 2016 10:49am

I Just Want To Say That I Lost Over 70%

I am 27 years old and lost 70% of my portfolio in the hopes of an Apollo buyout.  I believed Andrew McCreath when he spoke on BNN back in April when he talked about an Apollo buyout.  That was almost half a year ago.  Half a year of watching this stock go down for me.  Half a year of reading on this bullboard that the buyout will be coming and the shorts will be squeezed.  If I find out that McCreath was screwing around with investors while he wa dumping into a buyout hype I will make it my life mission to see that justice is served.
Comment by LaurenceDaPill on Sep 04, 2016 11:32am
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Comment by MustardTiger88 on Sep 04, 2016 1:03pm
With all that has happened I wouldn't be surprised if the bullish analysts were just pumping the stock so they could short it or get out while it was high.
Comment by LaticelnExile on Sep 04, 2016 1:41pm
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Comment by LaurenceDaPill on Sep 04, 2016 1:55pm
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Comment by notwrong on Sep 04, 2016 2:09pm
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Comment by Marky1 on Sep 04, 2016 4:42pm
Not wrong....That was excellent advice about diversification...Thank you
Comment by rad10 on Sep 04, 2016 2:28pm
Hi - I was your age when I lost my shirt on a company called London International Group. They are now private having undergone restructuring.  They manufactured condoms under the durex brand.  It was the early 90s and HIV was going to afflict us all.  I was convinced it was a home run as they manufactured my favourite brand of surgical gloves and the condoms were as good as any ...more  
Comment by LaurenceDaPill on Sep 04, 2016 2:31pm
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Comment by BlueJaysFan on Sep 04, 2016 3:43pm
Thanks for the G.luck,  Condoms and surgical gloves sounds good to me compared to the old drugs I have apparently invested in!  I know I only have myself to blame.  "But" when McCreath said the shares would likely fetch $50 to $60 and a Rolleresque poster enticed me every day, greed was stronger then fear.  I don't have the time or skill to research this company ...more  
Comment by MustardTiger88 on Sep 04, 2016 4:05pm
I, too, am looking for a firm that is representing Canadians who bought CXR, not CXRX.  Please keep me in the loop and I'll do the same for those I know are long on this bullboard.
Comment by Marky1 on Sep 04, 2016 4:37pm
Guys..I feel for you guys! I too am down a bundle but am not eligible for any law suits because I bought into Cxr after the said dates....I don't think the law firms care what nationality you are...To them a client could be from anywhere and the thing tying them together is the stock, not the country...So my suggestion to you people who fit into the correct loss category ( over 100k$ ) contact ...more  
Comment by Craigbad on Sep 04, 2016 4:48pm
At this point i'm sure you have done no research and are just blindly hoping for a positive outcome. to your points acquisition or merger: debt is to high, they paid too much for weak assets as already proven by writedowns and lowered guidance strengthening of british pound: sorry they hedged after the pound tanked, seems they already locked in their losses  new products: the loophole ...more  
Comment by LaticelnExile on Sep 04, 2016 5:09pm
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Comment by LaticelnExile on Sep 04, 2016 4:52pm
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Comment by LaticelnExile on Sep 04, 2016 4:45pm
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Comment by HedgeFunder on Sep 04, 2016 4:17pm
As a fellow trader, I empathize with your situation. I trully do. I never find satisfaction in seeing people lose money. You are 27 years old and you will recover. We all had losses - some more, some less. They are valuable teaching lessons. The biggest loss I took in my trading career was $700 when oil tanked. I am short term trader (swing trader), so I don't hold stocks for a long time. It ...more  
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