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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 Lostinmarket123on Jun 20, 2016 1:51am
104 Views
Post# 24978950

RE:RE:RE:RE:RE:Hundreds Of Billions Wiped Out

RE:RE:RE:RE:RE:Hundreds Of Billions Wiped Out52 week low is the most tricky point to buy or short. I always let it rise before buying ...once it touches 52 week low you never know where the buck stops ... it might go to from 22 to 18 or 15 or 12 who knows...thats why I would rather lose a few % of profit than take that risk. Same goes for shorting side ... never short at 52 week low ..you never know when trend turn back...trick is to protect your money and settle for less profits ... whats the point in investing if it goes down 30-50 %..rather take 5-7% 
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