RE: BBD and Valeant: polar opposites
I was in Valeant when it was Biovale . It acted much like Bombardier with Eugene Melnyck instead of the family . There were tons of rumours about it`s demise and lots of strange goings on . ie) Supposed accounting irregularities and Melnyck`s hugh interest in owning a sports team , Ottawa Sens. Like the Blackberry owner . A whole transport load of anti depressant Welbutrin rolled over in the US and was destroyed . Rumours circulated in the media that it was a insurance scam . I bought Biovale at $4 and bailed a year later at the worst of the rumour mess at $2 . The stock started to recover immediately and was taken out later by Valiant . A few months ago I would have received approx. $150 for every dollar I had in Biovale from Valient . Something to think about before anyone gets manipulated into selling their BBD . I know . Everyone is thinking , why don`t you sell your Bombardier and do us all a favour . Not gonna happen .