Concordia Healthcare Corp. T.CXR.R

Bonds Up

[cg16]

A poster gave a tip awhile back that its a good idea to watch the bonds. I checked the CXRCN 9.5 10/21/22 today and its 68.75 - yld 18.228 and when someone posted the same bond quote for Sept 16th it was 67.5 - yld 18.644. I expected it to be down further with all this Cinven earnout uncertainty coming to a head. But its actually up..

[LaticelnExile]

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[cg16]

Someone pointed out that the 7%  04/15/23 bond was up too. Still ugly $63.75 - 16.192% but opposite to the share price today. its just one data point but I think whoever mentioned that its a good idea to watch the bonds, is giving good advice to anyone thinking of going long or short. 

[TheGreatKazoo]

Absolutely have to watch the bonds.  They are as ugly as before and well ahead of the shares from a safety perspective. But with the debt in Canada and the assets in Barbadoes.  That's changes all. I would bet that few bondholders know this?  Most were probably just recommended by analyst to buy when they bought because of its previous safety and returns.  The whole has

[TSX2016]

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[LaticelnExile]

This post has been removed in accordance with Community Policy

[TheGreatKazoo]

You, wolf dressed as sheep, would be very, very surprised.  Clue?  I am a fan of Advanced Science. I float from zoo to zoo, observing animals such as yourself massacre lost animals that underestimate these market zoos. I am paid by investing into good companies and also paid by shorting bad ones. And it's my own money. I report to me, myself and I. I respect intelligence, laugh at