Dont panicGuys no worry to panic, please make sure its buy with your own cash and not on margin. Although lots broker already cut the margin on vrx so u cant really borrow much.
Share will be back in mid 40 by june 10 after release to ease the default possibility. As of now stock will remain downward however risk is limited. Sp drop more than i expected to low 30s and possible as low as high 20s next week.
Business is still running the same nothing been changed, shorts will cover starting from friday and next week to take short profit, which will lift stock to atleast mid 30s, we will just need to sit around mid 30 - high 30 until june 10 for the report.
Hopefully they could bring B&L for an IPO to raise cash by selling share in public. As a sub company, while with hold majority votes.
Ackman need to come out next week to do a 4 hour conference call to bring stock up, majority of the drops was mainly due to his email leaks.
old news kept get updated, while good news being ignore.
after i be able to take some profit or break even with this stock, i will never look back into this ever. This is a nightware. We need to hold tight for one month and everything will look much clearer.