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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 Jun 07, 2016 7:41pm
202 Views
Post# 24944054

My view point going forward

My view point going forwardMany have sent mail asking for what they should do now .. While I feel sorry for many stories you guys have sent ... I really don't have good news ... I do not want to give false hope... Look at their business ... Eye care and skin care are core ... Both down 30-40% from last year ... That's not bad news .. That's a disaster... There are not many shorts... It's just big holders selling and getting out.. Yes there are traders ... But traders need volume ... Going forward that is going to go down as long side of the story is kind of finished... A good trading stock needs both side of the story ... So is there no hope ... Yes there is if they sell themselves.. What's reasonable price ... Think 35-50 cad... If they are still hiding stuff it's 35 else 40 plus .. 50 cad will be great... But will they do it .. I do not think so ...why ... It's because the whole thing is a set up...they deliberately created the default story to sign the agreement with bond holders to pay anything they sell to them and not to share holders ...their intention is to sell it piece by piece ... Make money for Wall Street by making those deals while shareholders get nothing... Ackman already made 2.2 billion from allergen fiasco in tie up with valeant ... He will gain much more as some bond holders are his proxies ...over that if perishing square loses he won't lose but his clients will... He knows if he sells he will take a hit... So he will make money the other way..share price may nose dive or remain in range considering its business now has started eroding ... Their loans are intact ...rate increases are on cards..papa will thrown out some time but will be given golden handshake..they cannot do deals to grow ... If stock has no growth its price will remain in range or go down.. I am looking for my next game as well as valeant trading will slowly die as well.. These are my personal thoughts... What I gather from my friends in wall st is there is pressure on hospitals and docs to avoid valeant products.. That's the reason for business slow down... So take your own decision .. Don't sell if you don't want to just don't invest any more in this .. My two cents .. Good luck 
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