RE:short interest down to 3,286,879Rookie89 wrote: I thought this was going bk guys, why you all leaving the partys so early?
Some IB's called in some short interest and there was some forced short covering.
It happens. Chapter 11 restructuring is a very real possibility and the bull thesis that "this comopany is not going bankrupt any time soon" is not a good reason to invest in any company.
Valeant is headed down the drain too.. gotta be painful for anyone who is long here.