RE:2012 VALEANT $56.00 with a B1 rating from Moody
Yeah but you have to explain the whole story. In 2015 the stock hit $335 but vanquished because of bad investing, insider trading, and product gauging.
Then the companty gets into a $32 billion hole and recently paid off $6 billion. Plus the company refinanced to have the next 2 years free from paying debt.
Papa the CEO has done a great job and has gone back to organics but the company isn't out of the woods too.
Time will tell. If Papa can hit another great quarterly then I say VRX will come back to maybe $60 by years end.
You have to be patient and just let Papa do his magic and work with Bausch and Lomb.
I love the company and hopefully the news gets better and better. With the new products out I see great investments and star power coming.
Keep your fingers crossed.