Concordia Healthcare Corp. T.CXR.R

Is CRX going bankrupt?

[STOCKMAN70]

Is CRX going bankrupt?

The truth is no one knows. Did Ford, JC Penny, Lululemon, Citibank, Best Buy, and Dell go bankrupt, - many people said they would?  

CXR management made significant mistakes and the fact that they were paid millions to do so is sickening, but even though CXR paid way too much for takeovers and took on too much debt they do have great products and excellent sales / EBITDA. I personally would not be looking at this company if it was trading at $100 a share / $5b market cap but today it does offer an opportunity for a takeover or new management to come in and reduce debt and exploit all the company has to offer. Any news that would have the shorts covering has the potential to create a doubling of the market cap / share price. 

Always good to consider buying calls to limit risk if you don't what to buy the equity. 

glta

[LaticelnExile]

This post has been removed in accordance with Community Policy

[STOCKMAN70]

Lattice, you can do anything you like. Unlike you I don't have an agenda, I am just an honest investor/speculator providing my personal thoughts to anyone who cares to read them and who truly  feels bad for those who have lost money on their investment in CXR. 

[LaticelnExile]

This post has been removed in accordance with Community Policy

[STOCKMAN70]

ps.  Lattice unlike you I don't give myself 5 stars on all my own posts and give people like me who discuss the possibility of going long 1 star. More proof you have an agenda, which has nothing to do with helping anyone othe than yourself. 

[PANAGONINVEST]

Oh Please, stop the non-sense! Everyone here has their own personall agenda which is to make money for him/her self. Who cares about the stars and rating and whatever other irrelevance telenovela? Forget about the messenger, focus about the message and give your own.