VALEANT PHARMACEUTICALS INTL INC T.VRX

Citron founder info....from Wikipedia

[geos571]

In 1998, Left was found by the National Futures Association to have “made false and misleading statements to cheat, defraud or deceive a customer", and disbarred for three years.[43]

In 2002, his then employer Detour Media sued Left for "fraud and deceit, negligent misrepresentation, breach of fiduciary duty and unlawful monetary conversion".[44] He was ordered to pay $26,445.62 compensation.[45]

In 2010, Left was briefly arrested in Florida in relation to a petty[clarification needed] dispute with a drycleaner. The charges were subsequently dropped.[46]

[dusoft24x7]

Huh a short seller to me .... is corrupt individual, cunning, decitful, imaginative, greedy without ethics. You do not stretch imagination for this guy !! If he was decent then he would be Analyst - who would high light the risks and rate stock at $50 with a disclaimer... he does not invest in stock or will in any way materially benefit...yada yada...

[freewest]

and what do you call a company who marks up drugs 100% plus 

[Twistedsteel74]

right, because companies like this don't spend or risk any money on developing drugs, always 2 sides to a coin........I would expect a legal announcement in the near future against Citron

[freewest]

it won't happen for one good reason , citron has won already , if they start an action against citron then this will open up a can of worms that lots of institution will not want to have it .. short selling is the bread and butter of institutions like banks and big u.s. financials institution . this kind of action would affect them a lot . lots of people want to ban short selling , but the

[dusoft24x7]

Valeant - Citron issue is alike Citron publishing a book containing inaccurate information slandering an individual and making money from sales. The individual has right to take publisher and author of the book and seek damages. Short Sellers are fine if they play by rules i.e. uncover the information take it to company for confirmation and only if not satisfied by company response then take it

[freewest]

don't blame citron , the rules say shorting is allowed , no law aganst it , then go after option trading , derivatives , on and on , all legal , not ethical but not against the laws . then lets talk about what the banksters are doing , if your going to try and protect only one company i would argue that your biased and not looking for real justice .

[notwrong]

This post has been removed in accordance with Community Policy

[notwrong]

This post has been removed in accordance with Community Policy

[EStreet]

Disclaimer: From Citron site,. Citron does not guarantee in any way that it is providing all of the information that may be available. We recommend that you do your own due diligence before buying or selling any security. At any times the principals of Citron might hold a position in any of the securities profiled on the site. Citron will not report when a position is initiated or covered. Each