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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Up 25% after lattice was removed from board
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Post by fundtrader on Oct 21, 2016 9:12pm

Up 25% after lattice was removed from board

huge short covering rally today..will continue next week ...MT stepping down is excellent news..a new ceo would help push the shares up big time...
Comment by Craigbad on Oct 21, 2016 9:31pm
Now if you could just get them to ban Bnn from talking about the stock. McCreath said he wouldn't touch the stock with a ten foot pole today an Hodgins said this yesterday. It is a call option on whether the debt holders will start declaring bankruptcy.  The strategy had a lot of merit.  They made a mistake by taking more debt for their UK acquisition when the financing was not ...more  
Comment by Shortingtozero2 on Oct 21, 2016 10:09pm
Craigbad wrote: Now if you could just get them to ban Bnn from talking about the stock. McCreath said he wouldn't touch the stock with a ten foot pole today an Hodgins said this yesterday. It is a call option on whether the debt holders will start declaring bankruptcy. The strategy had a lot of merit. They made a mistake by taking more debt for their UK acquisition when the ...more  
Comment by greatplay on Oct 21, 2016 10:35pm
I'm long... bought out? are you joking? recent events don't lead to being acquired... all recent news lead to change of CEO, next signing new partnership some sort of, sell a stake in company, other actions that show stability. Stability will translate to normal price of share, at least when it was tradeable (before recent quarter release); it was $16-20 range... By the way, nothing much ...more  
Comment by greatplay on Oct 21, 2016 10:23pm
Craigbad: Guess who was buying today? I bet it was McCreath and Hodgins. Usually guys who say don't buy are doing opposite, didn't they say buy it when it was $80/share? and in reality they were selling?
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