Concordia Healthcare Corp. T.CXR.R

interesting view of Ross Heilly on BNN

[greatplay]

It applies to both sides: shorts and longs, in summary, he said it's casino and can go either way...
Even based on come down earning forecast, if company stabilizes, it's worth 1400% more than current price.
On another hand, it's hard to figure out current value because stock is moving towards bankruptcy, and company's portfolio (probably US side, becuase UK has been consistent) has water in it, and at this point hard to say how much water and how much is legit... and when dust settles (if company doesn't end in bankruptcy), it will be worth a lot more.

So, to summarize his saying: the downside for longs is 100% and upside 1400%

[juniorbullalive]

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[notwrong]

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[greatplay]

The guy said, it's really dangerious, it can go bankrupt, but it can go up 1400%; my loss can be 100% ($2.5), your loss can be 1400% ($35)...My odds are better... You know what goodwill means? I guess not... It's assets and I didn't pump, I said that assets have water in it, that's when he talked about goodwill... he said it's a casino for longs, for shorts, it's super

[notwrong]

This post has been removed in accordance with Community Policy

[greatplay]

Lesson for shorts, who are missing some brain... "Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it

[Shortingtozero2]

OMG.   He can cut and paste from investopedia but doesn't know how to read a financial statemment.  Drugs are not enduring assets.  They are considered "soft" and Concordia has amortized them over a 15 year period because that is what management considers their useful life to be.  And their assets are for the most part held in the BARBADOS - not Canada or the US -

[DanKwong1958]

Shortingtozero2, Its just best just not to respond to greatplay, he claims that the shorts are "missing some brain" even though they are the only ones that have made money on this stock -- many have been short I am suure from the $60's Cad...  and now it is $3.50.  Yup, they are "missing some brain" all right.   Just don't respond to him, because his

[greatplay]

Amazing how brain turns off to shorts, when stock is not going down... FYI, currently most of the value is in UK business, US has some water as analyst told on BNN, and kind of agree that asset is leaking, but UK business that was acquired for more than 3BLN hasn't lost even a $1, it is actually growing... that's the only reason why company was able to borrow 350MLn on short notice. As I