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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Longs, the "shorting to zero" is for the stock, not company
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Post by FullReversal on Oct 10, 2016 1:21pm

Longs, the "shorting to zero" is for the stock, not company

The company will survive with the assets, from all indications, to be owned by Cinven (Amco) and First Secured Notes holder(s) (non-Amco).

It's the common stock price is what won't survive.  I don't think you longs in denial understand the difference here?

They might as well rename "Amco" to "Acme" from the Looney Tunes era.

Roadrunner being the Wall Street crowd/"Bookrunner" and Private Equity. 

Coyote being the average dumb investor still holding this toxic stock!
Comment by Lumberfeverlong on Oct 10, 2016 1:32pm
I understand the difference more than you can possibly imagine.  Cinven will be paid off by Feb 1 and the company will still have well over $400M when it makes that payment.  So how in your screwed up view of the world does Cinven get Amco back once that payment is made?
Comment by Lumberfeverlong on Oct 10, 2016 2:30pm
Fullreversal,  still waiting for a reply to my question below....
Comment by FullReversal on Oct 10, 2016 3:08pm
Lumberfeverlong.  Your point of view is very different than mine.  I gave management the "benefit of the doubt" until the stock price was unable to recover again.  I too was falsly blaming the shorts for the attack and I wasn't the only one. But while we focussed on the shorts, we ignored the attrocities made my management.  The last quarter was the "wake ...more  
Comment by Lumberfeverlong on Oct 10, 2016 9:21pm
Let me answer your last question first.  I am long.  How long I have been and for how much I have invested is none of your business, I perused your posting history.  You were still relatively postive on this company until August 31st after which time you disappeared for a month.  August 31st was over two weeks after the company announced their horrible Q2 results so I am ...more  
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