Concordia Healthcare Corp. T.CXR.R

UP after hours

[Stockquote01]

CXRX 

$5.26

*  

0.09

 

1.74%

 

[Marky1]

Thank you Stockquote....I also noted that 47% of the stock volume was shorted today..Kinda unnerving don't you think?

[serafin]

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[Craigbad]

Everyone is free to read it how they want, but I have run through numerous scenarios and I can't find any reasoning for chasing PE for a cash influx, other than they are desperate for cash. They were looking for an outright buyer and there couldn't have been any interest, so they are now searching for someone to pump in some money. If there was no problem with the guidance, they could have

[Lumberfeverlong]

And that is precisely why the capital raise will likely involve a convertible instrument with a very high strike price that once fully converted will have much less of a share dilution impact.

[patenright11]

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[Craigbad]

I understand that Lumber, but it wouldn't make much sense from a PE angle to take an unsecured position to retire secured bonds. They would be much better off to buy the secured bonds in the open market with their ridiculous yield if they thought the company was going to survive. Anythings possible, but PE is pretty shrewd and won't do anything out of the goodness of their heart. I fail to

[LaticelnExile]

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[greatplay]

Latice, started singing different song - company is worth nothing, they have no money, they have to repay 72 BLN tomorrow, oh, no... it's 72BLN+72BLN, oh no, stock didn't go again a lot, sorry it's another 72BLN that you guys didn't know, Ooops... it goes up, song becomes, why anybody is buying, I'm selling, and stupid big guys are pushing up... Guys, please sell it... You

[LaticelnExile]

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[smallshort]

After hours means nothing, not even volume.  And the short volume is unnerving only if you are not holding a short position. This is simply a fake carrot for beaten up rabbits before the final kill. This is truly sickening.