Concordia Healthcare Corp. T.CXR.R

I love how

[DanKwong1958]

All the longs and traders are all excited today and telling the shorts how wrong they are.  Jesus man, the stock is down like 94% and are all warm and fuzzy because there is short covering today in the bio sector - Valeant and Endo all up over 5%.  Its great that you are all of a sudden celebrating, but from what I've seen on this company traders are quick to take their profits when the momentum trade stop talking to them...   The company paid their first payment and that is good, but really there was nothing but three other negative things in the press release.  And they have another 100+ million due to Cinven Feb 1 - and that is a short time away.  They did not succumb to the bondholders legal threat to sue if they made this payment, that for the moment the market sees as a good thing - but that may turn out to be a bad thing for equity holders if you really think about it.

[Juice004]

Dan Shorts like Health123 thinks she knows it all and has been bashing the company over the past month how they will be announcing Chapter 11 Bankruptcy before any payment gets made to Cinven because bondholders control the company now and they won't allow the payment to go through etc etc. She expressed this various times with certainty. I'm not "all excited" now, yes it's a

[DeathPool]

Well Juice if you respect what I have to say, I have to agree with Dan that it will be a fight between the debt holders, and equity is f'ed.   And I believe he said that it was banks who control the company (not bondholders as you have said).  Now we have a situation where lawyers are fighting with each other, as a crossholding group of first lien lenders and bondholders has entered

[Shane007]

Juicey, Shorties just use days like today to reload while the lawyers battle it out.  It would have actually been better for the company to keep the cash until the CMA investigation was complete and they knew they would not be fined from AMCo-Cinven price gauging. What recourse will they have on Cinven if they do get fined? The final payment is due February 1st so that gives the bondholder

[Health123]

They are paying an interest penalty because they deferred part of the earn out until February 1st and you are jumping for joy?  If they have all the cash to pay the earnout, why not pay it all and save the interest expense?  And yes, I continue to express that I believe bankruptcy is in this company's future because the cash on hand shows that had no $ from operations since their

[daytrader112]

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