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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 wasagastar on Sep 16, 2016 11:24am

My Take

UK Gov will not make them reduce the price of current products in market - they just won't be able to raise the price of current drugs. 60 new products to be released. This is where the growth comes from. These new products will be priced carefully because they know they won't be able to raise the prices much in the future. They have affirmed guidance and we are at the end of Sept - very positive really. Oversold on charts and in market. I applaud those who had the guts to short and keep shorting at $10 or $11 - very smart. But I gather shorting will stop and we will have a rise in sp over the next month. Trading at 70% of one years EBITDAX is rather extreme.
Comment by LaticelnExile on Sep 16, 2016 11:28am
This post has been removed in accordance with Community Policy
Comment by wasagastar on Sep 16, 2016 11:31am
LOL I knew you would
Comment by Craigbad on Sep 16, 2016 11:32am
These poor souls have no idea how many more potential bombs could be dropping on their heads at any time. Lets just hope some manage to get a bounce to get out without losing their shirts. [/quote]
Comment by Craigbad on Sep 16, 2016 11:54am
This was telegraphed in June when The Times uncovered the information and the petition garaunteed it would go to parliament. People should should also know that the health minister Jeremy Hunt has passed on all information uncovered in the investigation to the CMA who has the teeth to impose large fines on companies who abused market positions. Can you imagine the carnage if they go after Amco ...more  
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