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

TSX:CXR.R - Post Discussion

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Post by Marky1 on Sep 07, 2016 6:27pm

Wait

You know there has been a lot of speculation about buyout, mergers,this amount of money,that amount of money....I'm very objective....Until there is a statement , a market wire...bulletin or any other announcement we cannot speculate on ANYTHING.....Everone take a Valium and let's wait for news...Until that happens I'm just laying low and praying...GLTA
Comment by Craigbad on Sep 07, 2016 6:50pm
Thats a great trading plan. Praying usually helps. Just remember that the debt to ebitda is 6.4 times for this company and the pumpers touting how cheap it is never seem to mention that. I would suspect there is a clause for a buyout where the debt holders would get a premium for an early payout as well. People have to realise that with their main is drug flat or declining, and under fda review so ...more  
Comment by PROtrading on Sep 07, 2016 7:23pm
Well said.  And the image of praying and investing on Concordia given the facts we know today really gives you the feeling that God isn't the one in front of you as you kneel down here!  It's a big fat pig with his zipper down and accounts in tax havens.  Ouch!
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