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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 Aug 18, 2016 10:12am
91 Views
Post# 25153760

opinions on BNN. CNBC, JP Morgan et al do matter

opinions on BNN. CNBC, JP Morgan et al do matter
---like their opinions or not...why?
---numbers do matter, but they can be manipulated & opinions on what those numbers say matters even more. J.P. Morgan has stuck out their neck & may have to eat their words if they don't get their neck chopped off first!
---these money mgrs invest millions & their opinions about what to invest in move stock prices not our (BB posters) paultry thousands!
---creditors also allowed VRX to borrow more!!!  That can't be good. That says to me short term income is not enough to make debt payments. Using more new debt to pay older debt is like being on a treadmill. Either the treadmill stops & you have to get off or
you fall off because you can't keep up! It doesn't end well in either case.

carlos
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