For Sh#t's and Giggles ...Really - you decide not to follow them anymore because of that ?
"One of the largest investment banks in the US has cancelled its coverage of Endo after the US-based firm revealed the extent of generic competition to its lucrative Vasostrict brand."
You knew that.
You knew they were in opioid h-e-double-hockey-sticks.
You knew they would become insolvent.
You knew they got 3rd parties involved in restructuring discussions.
And now - as an investment bank - you decide it's time to focus elsewhere.
Kind of funny !
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Oh ... and let's now sue these guys when they don't have a pot to p-ee in. Go Endo Investors - sharp as nails they are.
"The Buxton Helmsley Group, the New York City investment advisor to clients with financial interests in Endo International, today issued an open letter to shareholders and creditors of the Company, relating to corporate malfeasance and false statements of financial position."
I don't know, I think the company's information was clear and it said - stay away - nothing to see here. We are in bouble-trouble !!!!!
Hey Chi-Chi ... you got any Endo to go with your Incyte shares ? Where is that guy - hope he he didn't fall out of that slow boat heading to Miami from South America - heading to the Doctor's office. Anyway !!!
: )