What happens when a stock is manipulated
VRX and CXR fell from their very highs about the same time in 2015. Their US counterparts held up for the most part. Little doubt these got picked on by the U.S. big players. When you try to play in the big leagues you are taking your chances. The health index is near the bottom of sector rotation. It will recover again when the market says so.
Less than 1 year ago VXR was 347.00 a share and bottomed at 24.32 in June. I have little doubt VXR will be pushed back to the 120 - 160 area over the next year as more of these brokerages up their ratings. Now VRX is beginning to sound like a darling as it trades on its 5year low.
347 to 24!! That drop would be the same as CRX going from 117.75 to 8.70. (Not far from there) Take a clue from others that fell and recovered. IF CRX does not drop further to 8.50-9.00, you know it was not in as bad a shape on evaluation as VXR. Will we see 9 as some say? Don't think so but it will be some time recovering back to 30-60 dollars IMO.
I think ink they will keep stepping on CXR for another few days but still think we will have that further 10-15% final drop soon. Like I said before. Get it overwith.