daily chart & Ackman
daily chart....From 1400 hrs till the end the chart has flatlined. Most technical indicators are trending down. Seems that a lid has put on any further increase. Down we go especially if this mkt rally ends & Andy Brenner (not the only voice) from National Alliance Securities said this irrational rally will end badly as it is not supported by world economic activity nor corporate earnings nor historic low bond yields nor historic stock index highs only T.I.N.A (there is no alternative) for yield returns. probably the Sept.-Oct. time period for a major correction. A lot of professional investors don't believe in this rally & are saying so not only with words but by w/d $$$ from the mkt.
Ackman....If there no assets sales forthcoming even though Bausch is still rumored to be on the auction block, then where is there any money coming in to pay down the debt.
On CNBC's Fast Money they really trashed VRX. $30B debt & 7 in shareholder equity etc.. Nobody on the program would touch VRX not even the options.
Left reiterating opinion that VRX going to zero.
carlos