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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > This will Keep Sliding
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Post by EyeDontBelieveU on Dec 01, 2016 6:08pm

This will Keep Sliding

3% down yesterday, another 3% down today.  Not a good sign, the pump is done.

I have an inkling that this will keep sliding.

No announcement from management so I think the EBITDA can't service the debt or why not announce it?  Its been three weeks now since the new CEO took over and not even a peep.  Rumours are running wild on Bay Street, and they aren't good ones!  Bagholder Nation has left enough "messages" at head office. No one is getting a return email. That is what a company does when they don't have good news.

No insider buying either and if the stock is so cheap, why isn't the ceo - or anyone for that matter - buying any shares?

That is the reality here folks.
Comment by greatplay on Dec 01, 2016 6:22pm
IBB is down for 2 days, we are down for 2 days, nothing new in your info. Unfortunately we are copying IBB, if you look at 1 hour chart with "Moving average exponential" for both charts. Both charts are building head and shoulder. IBB looks worse than Concordia
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