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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

Comment by PLAYtheBOUNCEon Nov 06, 2015 12:30pm
73 Views
Post# 24267012

RE:Ready for the bounce!?

RE:Ready for the bounce!?Sold! Out early at C $110!

I say early because I made my 6-7% profits for today and considering the level of manipulation here, I don't want to be greedy.  Prefer to ride this over and over again.

If I was an investor, I would have not sold.  But I'm just a trader looking for quick profits in less than a day (ideally).  So a +10% gain on VRX over two positions in less than a week.  Not a lot of work or risk for a lot of money!

Don't be surprised for this stock to take off.  A lot of shorts need to cover and I would not short (or stay shorted) this stock at these levels.  The only safe shorters are the manipulator, everyone else are novice traders.

I'll be back on this or other obvious bounce candidates.  
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