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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > CXRX Bond Trading hahaha: a Video for Health123 and rad too
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Post by Shortingtozero2 on Nov 13, 2016 12:54pm

CXRX Bond Trading hahaha: a Video for Health123 and rad too

Comment by rad10 on Nov 13, 2016 2:20pm
Its quite the reverse situation STZ.  Take a very good look at the capital structure and ask yourself where do you want to be? and What do you want to risk?  Then READ the indenture. Call the bond desk of your broker and ask them what is the best price they can give you - but be very specific on the coupon and the issue.  The bonds are not listed at most online retail investment ...more  
Comment by Shortingtozero2 on Nov 13, 2016 2:44pm
The capital structure stinks.  You and I both know it and the writing is on the wall.  And many of my pals are short the bonds and laughing all the way to the bank because its very likely now they will go to zero.  You underestimate the short thesis in saying it has played out.  There is more coming is my hunch and the climax of the movie has not played out yet....   And ...more