Concordia Healthcare Corp. T.CXR.R

Plz shorts don't reply to my post

[Rookie89]

Just wanna hear what other longs are thinking at this moment. it's quite simple for me, I am down big but holding on it for a couple of months to see if the new management shows it cares about its shareholders. I even added more cuz the big institutions and banks(rbc, Goldman sach) were adding last quarter. My short term target for Cxrx is $5.0 just based on day trading and then it needs some good news to push it further. That could be earn out payment in or new product launch in Dec like they promised.

[S2hadi90]

I'm a long who is dying to sell at $13 just read this article  https://www.google.ca/amp/seekingalpha.com/amp/article/4027943-concordias-ominous-silence  I'm scared!!!!

[S2hadi90]

Could someone who is not biased explain to me why Oberman took the position if it was going under? He took it to gain experience in bankruptcy proceedings?? please someone answer me. If it goes bankrupt I would lose $102K.  I think I'm going to have a heart attack after having read the alpha article.

[S2hadi90]

If he has a plan wouldn't he have announced it by. Ow???

[Rookie89]

I am not going to lie and say it's a good sign that no insider buying or any communications from the company is happening when we need it the most. But you have to let the dust settle in December. Even sunedison traded for a while before filing bankruptcy and like you mentioned Allen Oberman is a smart guy with good experience so why would he come in. It's a hold for couple of more months