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VALEANT PHARMACEUTICALS INTL INC T.VRX

"Valeant Pharmaceuticals is a global specialty pharmaceutical firm with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The firm also has a branded generics business that operates primarily in Latin America, Eastern Europe, and Asia."


TSX:VRX - Post by User

Post by 0buylowsellhighon Mar 18, 2016 3:58pm
212 Views
Post# 24676934

It was a Close Call

It was a Close CallI had an eye on VRX last year as many pundits were saying that the stock had many legs left and some even saying it would continue to rise above historic levels of any stock.  I started to do research and found that the debt load advertised was extremely high while the total real debt levels were not calculable due to `new`deals, etc.  That told me not to invest.  It also reminded me of NT where there were countless of directors, too much government involvement from an R&D credit standpoint, too much debt, and frankly too much Quebec from the standpoint of too much BS.  Now it sits where it needs 10X to get back up to its 52 week high.  More bad news on a daily basis.  Like I said it reminded me of NT.  I feel for the investors.  With BB, NT, BBD and now VRX...its seems the only Canadian investment that is secure are the banks. 
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