Concordia Healthcare Corp. T.CXR.R

Off the radar

[DerekForeal]

Mackie (market marker) is starting to load up clients with block trades. This stock has tremendous hidden value. Balance sheet is strong and management is great. I had the chance to speak with the ceo a few times. The tech is great and very disruptive. Many other ideas in the pipeline. Insider ownership is exceptionally high. At these levels it’s a gift.  My gift to you - intrinsic4d (IFD)

[SteadyHandsStan]

Hello Derek.  You must be posting on the wrong board.  The balance sheet is one of the worst I have ever seen.  The recent note offering was secured so they get first dibbs and this screws the common stock holders. The CEO doesn't own a single share.  And the Chairman of the Board who was previously the Lead Director of the company dumped a total of 580,000 shares in the

[Shortingtozero2]

Oh and I forgot to mention something I just found out - the company withdrew its guidance and all financial forecast on the earnings call last monday and said they are focussing on their "viability". 

[SteadyHandsStan]

Thanks for some good posts.   I am passing on it as I am not a trader but good luck to all those who are trying to trade it.

[YOLO77]

This post has been removed in accordance with Community Policy

[SteadyHandsStan]

I stand by what I have said about the bondholders. And as far as the banks taking control, well I think that they have had that for the last couple of months judging by what has come out of this company. Good luck, and hope you can claim a tax loss. MOODY'S Concordia International Corp NEGATIVE OUTLOOK Covenant Quality Assessment

[rad10]

LOL - the secured first lien 9% note has actually appreciated over the last two weeks.  I dont follow the unsecured issues.  

[greatplay]

Unsecured bonds will take a haircut, as I pointed out earlier, this is common, when company or country is solvent (around $500 mln in bank) + future cashflow... Result, share will jump

[durangos]

So when will this haircut happen and when can we expect the share price to go up?