Concordia Healthcare Corp. T.CXR.R

Let's take bets...

[MustardTiger88]

I bet the stock will bleed to red today because that's usually the case.  The last few days are out of character for the Concordia SP.

[Juice004]

I will take you up in that friendly bet. I say >2% by end of day.

[greatplay]

at least 10% up

[YOLO77]

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[greatplay]

It's different today, it's a beginning of bull wave now... bulls have won..., at least for now, until we get to new level

[greatplay]

Actually Moody confirmed it... company will have 12 to 18 months with money to prosper along with ability to buy new drugs. They pointed a negative side too, but it's well known, shorters brought all the negatives in the report, it's well known, but a fact that company will be around and plus buying new drugs, it's a news!!!

[greatplay]

Some companies with even bigger cash balance at hand are being attacked by shorters; Even if company had $500MLN cash on hand, getting another $350 MLN is a vote of confidence by market. In this case $350 MLN is more than current market value, means company is more at least $10 USD... In reality they say, more like $20 USD (each dollar has at least $2 leverage)

[greatplay]

I'm not pumping, I think after Moody's report, company is worth at least $10 on super conservative and $20 on average scenario... stock fell from $16, because dividend was removed and shorters realized that company struggles for cash, now with new injection, regular financials metrics will kick in and propel stock back to it's 50 days average.

[BinTraden]

There was a lot of fear mongering out there about how they could go under short term, however that is clearly not going to be the case as the Moody report confirms.  Also remember the company reiterated guidance on their numbers so I don't think their quarter is going to be below expectations.  So is the company going to zero, absolutely not, is the company going to lift off and

[patenright11]

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[Juice004]

Your bet isn't looking too good today Mustard. Your hope now is that the 2:45pm traders bring this back into to red for you. Tick toc

[MustardTiger88]

I'm long, bud.  I've just come to expect shi*ty things from this stock.

[Juice004]

Oh okay were on the same team then! I have come to expect the same thing but now that I see we will not be going bankrupt anytime soon I don't expect 28 of 30 days to be negative as was the case. I'm betting a buyback will come in the future from a portion of this notes offering. Won't take much to buy back half the float and this is also why I don't see the stock going to pennies

[YOLO77]

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