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Bullboard - Stock Discussion Forum 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 Discussion

VALEANT PHARMACEUTICALS INTL INC > Not great news, shares down after hours
View:
Post by KnowledgeSeekr8 on Apr 12, 2016 4:45pm

Not great news, shares down after hours

https://seekingalpha.com/news/3172754-one-valeants-creditors-playing-ball-calls-default-debt-shares-6-percent-hours
Comment by Fullblast on Apr 12, 2016 4:51pm
Not sure how they can do that when VRX has until April 29 to file, and they have a debtor agreement.
Comment by Defaulter on Apr 12, 2016 4:57pm
It was just mentioned on 'The Close' that they have a 2 month windows and april 29th falls within in that. assuming vrx actually hits the due date, this is over blown!
Comment by TACT on Apr 12, 2016 6:53pm
It's traded under $29 US after hours from a high of near $33 today and a close of $32. Today's opening action was somewhat suspect of things to come. When we hit $50 CA I never sold a share. on average cost of 45's. Not sure if I just feel dumb or numb right now. Good luck all 
Comment by Lostinmarket123 on Apr 12, 2016 7:05pm
You should have booked some profits ... This will go to 20s ... Too many retail investors always is a bad place to make money...the volume in after hours says big guys are selling... Short intrest went up by 6 million as well ... So trend should be downwards
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