Concordia Healthcare Corp. T.CXR.R

BNN REplay

[GenericAdvocate]

Quotes from today, Caller Question on BNN

"This is about as Toxic as it Comes"

"Integrity of financial reporting is in Question"

"Huge Descrepancy between Real Earnings and Adjusted Earnings"

"Pretend Earnings, Cash Flow Isn't Real"

"Business model is under intense intense scrutiny"

"If that isn't enough, Bonds are CCC Rated and trading 60 cents on the dollar so it even looks like there is some question bondholders  are going to be paid.  So I do not hold a lot of hope for the equity."

"Atay Far Far Away"

[grantoue]

Best thing to do is never ever listen to that rag of a bnn. I do not trust a thing they say.

[GenericAdvocate]

Agree that most are.   But this guy was actually decent and very well spoken.  Hit all the points - the fact that they tout "adjusted" earnings and there is a huge discrepancy between real and adjusted #'s, business model of raising prices, and that it looks like it is doubtful that even the bondholders will get their money as trading at 60 cents on the dollar ... so it is

[MustardTiger88]

BNN was so wet for this stock a few months ago, they should be embarrassed.  I lost a decent amount of money, in part by taking the advice of their analysts.  I will never use BNN as a source for market info again.

[lnvestor198]

The Link, in case people want to hear. Found his comment on the bonds interesting and wow he did really call their earnings pretend! https://www.bnn.ca/video/brian-madden-discusses-concordia~984115 GenericAdvocate wrote: Quotes from today, Caller Question on BNN "This is about as Toxic as it Comes" "Integrity of financial reporting is in