Concordia Healthcare Corp. T.CXR.R

HAHAHA I Just saw on twitter that

[TraderBen]

RBC lowered their price target to 25 pennies  after the earnings call 

That is too funny

[Select11]

There is no wrath like an analyst scorned.   These firms are only hanging around to guide it to BK.  Clearly none see any meaningful prospects, and 25 cents is pretty much rich since there are no chances CXR has any plans to announce anything before/if it reports in August.  They are still not even able to admit that the Donnatal sales force was long gone this time a year ago

[Iattice]

This is indeed so funny.  And Meihm was the biggest bull on the stock.  I guess it was the response that he didn't get in the conference call when he asked how much they pay to the nhs under the voluntary scheme.   Meihm:  Do you pay 1 or 7% under the voluntary scheme?   AMCo CEO:   "Um,,,, we would prefer not to disclose that."  Meihm:  "

[Select11]

It was either going to be 'we dont know' or 'we don't want to tell you'.  Both are material proof of their record and continuing behaviour of non-discslosure.   Surprised no one asked why Borkowski is gone or why Oberman was granted 1.2M+ shares on Apr 5th at $2.58 when the SP was $1.88.  The analysts and the firms behind them, will sell this down to nought

[PROtrading]

The RBC "analyst" should get fired on this.  He's a joke and we now call RBC Capital Markets the RoyalBozoClub Capital Markets!

[EddySantana]

If you're a fan of Mr Miehm, maybe you folks should have a gander at PLI where has has 3 separate price targets...

[EyeDontBelieveU]

i see rbc's target at 4 bucks cad for Prometic Life.  Am I missing something and can you explain?

[EddySantana]

Sell side price targets exist almost exclusively for the purpose of selling financings and passing risk to retail. PLI worth $4 is a joke, same guy who covered CXR...