Post by
meetoo1600 on Dec 20, 2016 4:36pm
What I do not understand ...
Here is what I do not understand about the egg farmer and all of the other short sellers that predict Concordia's demise. We get your thesis. We even acknowledge that it may be correct. Concordia may end up bankrupt. What I do understand is why, given that everyone knows it, having heard it from you or figured it out for themselves, you have to keep repeating and repeating it over and over again, with incessant sarcastic tweets and jokes. If this not somehow in support of your own selfish aims, what are you hoping to gain at this point. The stock is already more than 95% down from its former peak. Are we supposed to really believe, at this point, that you are trying to promote some sort of public good? Sure, maybe at one time you were. But now? I understand that the egg farmer has a hard on for MT, and justifiably so. The law suit is stupid, and the Plaintiff was a horrible CEO. There is alot for which he should be called to answer. But what is to be gained at this point from excessive ranting about the company? If it is going to go bankrupt, why not just let it, and take your short-selling profits in due course? What does non-stop tweeting and posting about it do. Those who are with the stock now, know your message. Rightly or wrongly, they have elected not to heed it. Why not shut up and let things play out as they may?
The same applies to the short thesis on Canadian housing. IF HCG and EQB are going to go bankrupt as a result of a houseing crash, why not just let it happen? What is to be gained by repeating it over and over again, with jokes and sarcasm throughout? What is making fun of their CEOs supposed to accomplish? The compulsion to do so, if it is not somehow perceived to be helping realize profit from a short position, is, to me at least, suggestive of some sort of personality disorder. A commentator actually referred to that on BNN, although I think the precise words that he used were "socially awkward".
Comment by
rad10 on Dec 21, 2016 9:42am
I think Juice has nailed this - concordia was a great short at 40 bucks. Its not a great short at this juncture. I think we will see it tread water and make the final Cinven payment in the new year - what happens with the CMA, and the extent of their liability (relative to the previous owners) is anyones guess. GLTA
Comment by
DanKwong1958 on Dec 21, 2016 9:53am
I think its quite funny when longs/bagholders start giving advice on what makes this a good price to short. If a stock is terminal, it doesn't matter if its three bucks or its forty bucks. It still goes down 100%. Merry Christmas to all.
Comment by
DeathPool on Dec 21, 2016 10:00am
Rad, as a first lien noteholder, are you with the Jones Day ad hoc group or the White & Case crossholding group? Time to come clean.
Comment by
rad10 on Dec 21, 2016 10:09am
Jones Day is an unsecured holders group I believe.
Comment by
Investin on Dec 21, 2016 10:52am
Old news, and it doent means Bankruptcy, If you dont have recent firm news, go back to sleep.
Comment by
Investin on Dec 21, 2016 12:55pm
Great Post Death pool, but nothing on twitter about the updates you mentioned. Also how come you are dicussing what institution needs so they can buy, if you were certain before the stock is going to zero, so institutions buy? you are right it's a gamble, but who you think the odds and payouts are in favor ? shorts ?
Comment by
Investin on Dec 21, 2016 1:48pm
Yes deathpool, i can see it here https://twitter.com/Chapter11Cases and yes your analysis shouldnt be for free, do you take VISA.? Seriously man, you are not saying any thing valid or valuable so yes go to sleep untill then.
Comment by
Investin on Dec 21, 2016 2:05pm
HERE YOU GO DEATHPOOL
I POST IT BUT FOR YOUIts not like it was one of CXRX's "Shining Jewels," but Orapred 15mg now makes the Discontined Drug Product List AlderLaneeggsDonutShortspic.twitter.com/qLxnD9ihl0
Comment by
DeathPool on Dec 21, 2016 2:08pm
Sheesh, it sounds like you are the one that needs a nap, just saying...