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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > DO NOT DAY TRADE THIS STOCK OR YOU WILL END UP WITH NOT MUCH
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Post by internalaudit on May 02, 2018 2:25pm

DO NOT DAY TRADE THIS STOCK OR YOU WILL END UP WITH NOT MUCH

0.35% of the new equity in the restructured company

only a fool will try to get in and out of this stock

please, for the love of life.
Comment by watchmeplz on May 02, 2018 3:36pm
My average price per share is around $9 on this dog. Really getting out now what gain is that going to mean? I had 100k+ tied up in this and now worth under 2k! Really dont even want the loss on my books so just rather sit and wait hopefully the restructured company regains focus and can make the stock bounce once debt is cleared... i guess...? FML.
Comment by WillyWally on May 02, 2018 3:41pm
I share your pain, I drove that sick dog from around $35 to $15 before getting out. I am going to take part of the class action in Canada against Concordia.
Comment by TOMMY1 on May 02, 2018 4:46pm
I got nailed on this too. There are legal cases going on in Canada - one of which I believe is being led by www.morgantilegal.com. I decided to cut my losses as usually not much is left for the shareholders after the lawyers take their cut (that is, if they win the case). I didn't want to be anymore out of pocket if the legal challenge wasn't successful - legal costs can add up. Up to you ...more  
Comment by WillyWally on May 02, 2018 5:11pm
There are legal costs when losing the suit for the people taking part of a class action? Are you sure? Doesn't make sense to me. Better getting out with a massive dent than losing it all...
Comment by Siyahvezir on May 02, 2018 5:39pm
follow 200 SMA; the price should cross it upwards in the third quarter and should accelerate further well into 2019 or 2020. In the next favorable conditions, which means a full business cycle (4 years), the stock should move above its old all time high and flirt with 200.
Comment by rad10 on May 02, 2018 7:06pm
LMFAO........................
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