RE:VRX and CXR This Valeant witch hunt is complete B.S. It's a blatant attack on Canadian institutions by US politicians. Why else would the IBB be up 3% except for VRX and CXR?
The US prosecutors, regulators have no power to mandate or regulate prices. North America has a free market economy, based on supply and demand not price controls. Imagine if you bought a house for 100K and because of lack of supply and great demand it allowed you to sell it for 200K down line. Then the government came to you and demanded to know why you doubled the price of your home, as it's less affordable for the general public. Total madness!
This is just noise and hot air being blown by socialists to gain votes and the hot air is being intentionally directed north of the border. Unfortunately, CXR is being painted with the same brush. This story is getting pretty old.
fdfd12 wrote:
VRX down 6.2% with congress after them
CXR down 7% with NO ONE after them