Post by
GenericAdvocate on Dec 07, 2016 8:48am
Bad News For Concordia Over The Pond This Morning
Sheesh.
This company just can't get a break.
Now the £90 mil potential fine is looking better and better!
Comment by
greatplay on Dec 07, 2016 9:13am
I don't think, it will realize itself, but today's Trump news is bad for all BIO, no wonder IBB barely braked 200, somebody about Times article. IBB behaviour lead to yesterday break of $2.40 support... Now $1.69 in play, unfortunately....
Comment by
greatplay on Dec 07, 2016 4:07pm
Luckily I got out after we broke chart-line yesterday morning... It's sad though, I still think the portfolio even with current debt (based bonds trading price), is worth more. Unfortunately circumstances are against company... Banks noticed break of chart-line yesterday, and downgraded it today... :( I think around $1.69, if IBB stabilizes, it's worth a look...