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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 Lostinmarket123on May 10, 2016 9:04am
114 Views
Post# 24857018

Wait till it tests 52 week low before buying

Wait till it tests 52 week low before buyingDo not get trapped... When a stock nears 52 week low you should wait till you are confirmed it bounces back nicely ... If it breaks no one knows where it will stop ... Same goes for short side .. Do not short and get trapped at 52 week low...I am waiting on sidelines now ... I might miss some profits but I want to make sure I am not taking losses getting 5% is better than losing 50%
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