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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 Carlos66on Jul 13, 2016 3:30pm
143 Views
Post# 25049783

Andrew Left & the timing of all this

Andrew Left & the timing of all this---I don't think this was entirely pure coincidence. He's following the chart. He saw a spark of recovery on VRX stock & decided to nip it in the bud, but whether his influence has staying power is another thing.
---Sell volume although higher than the previous few days, it is not over 4 million where it was when back in June when  it did have another pratfall of about $10.
---We may only see a fall back to where we were before the lastest 'rally' started.
---I don't think Andrew Left by himself has the buying power nor deep pockets to push VRX down much below $19-20., but then he is probably counting on present mgmt to do the heavy lifting for him &/or failing that a general mkt correction & he will just tag along & enjoy the ride.

carlos

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