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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 JTDOUBLEon Jan 18, 2017 12:05am
208 Views
Post# 25720914

SHORT HAVE COVERED 4.7 MILLIONS SHARES!!

SHORT HAVE COVERED 4.7 MILLIONS SHARES!!
I good gauge when the short starts to cover , there are not much money to be made by being shorts here, but the potentials loss could be significant..Still 29m shares shorts which I think will slowly covers however any significal news that push this stock up, shorts will stampeding to cover pushing the stock higher..Risk and rewards trade at this point leaning towards upward momentum...glta.
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