Concordia Healthcare Corp. T.CXR.R

The Great Canadian Corporate Disaster of Our time.....

[ConfidentDD]

...is Concordia International led by Mark Thompson, with CFO Ed Borkowski, head of quirky stuff in the UK, John Brighten, and all the Board, and the bunch at HQ in Oakville. Adam Peeler is the IR chap right? Gosh, he never picked up the phone. Everyone there is getting independent legal counsel - right?

[Shortingtozero2]

Fasken Martineau may be quite busy with their regulars these days   :)

[ConfidentDD]

ya, they own.

[Leoc378]

Indeed. What a disaster for all the retail investors. Could the experts here tell us who bought all those CXR shares.? Just for the month of Oct, a back of the envelop calculation tells me that there are 18M of shares traded on the TSX. So who bought.?

[Shortingtozero2]

Now you're just being silly.  

[Leoc378]

Yeah. I am silly and what else.? Dumb. Whatever. Thanks for your classy reply.

[Shortingtozero2]

Leoc378 wrote: Yeah. I am silly and what else.? Dumb. Whatever. Thanks for your classy reply. Oh come on. That makes you down $100,000 doh. Do you know someone named Marky by chance? Leoc378 image: https://www.stockhouse.com/Stockhouse/images/stars-mask.png September

[Leoc378]

Yes. I'm down. What else do you want me to say.? BTW, I am not Marky and please just let you know I am not going to be dragged further in this conversation.

[Shortingtozero2]

Well that's good to know Leoc!  I was going to ask you to go clubbing with me tonight bue Im afraid that I wouldn't be able to stop laughing uncontrollably at your bagginess. 

[MegaBear]

This post has been removed in accordance with Community Policy

[ConfidentDD]

Someone is going to fry at KKR for not disengaging the autopilot.

[ConfidentDD]

Megabear - you have zero information about who is trading through the houses that you mention. Your analysis of how those houses ended today is worth nothing. CIBC didn't buy anything today. Their platform users did. Be very careful about what you write about who is buying and selling. This company has massive lawsuit risk ahead. Everyone is looking for who is blaming who.

[MegaBear]

This post has been removed in accordance with Community Policy

[Leoc378]

MB, thanks for your reply. Regarding insider trading. Please see link below. Worth reading. Pick this up from stocktwits. https://www.thesecuritiesedge.com/2012/07/margin-calls-the-insider-trading-trap/

[rsmerchi]

I bought some.   Trades a 0.25 times sales ... or price-to-sales if you like.  Trades at 0.5 times adjusted EBITDA.   Trades at 0.8 times adjusted earnings.  No debt maturies for 5-years.  Market value is less than that of the Net Net Assets...Benjamin Graham would say that is a buy.   It is either bankrupt or a quadruple.    THings are never as bad as they

[ConfidentDD]

Everything is always worse than it sounds with Concordia. You bought what?