VALEANT PHARMACEUTICALS INTL INC T.VRX

What did Valeant do wrong ?

[dusoft24x7]

I did not get this so far in all hue and cry. Neither did Bill Ackman get it so far, like said it is all bark and no or nothing to bite.

Starting Monday I will start buying at increments of 50 and then add at every $3 drop....and double up if SP goes in 70's.

2-3 weeks we should see $130 +
All prices in USD

[CH4RTQU4NT]

You still don't get it yet? Accounting fraud Prepare your anus

[Kherson]

Monday may turn out to be your last day posting on this site! If Left is indeed "right" (couldn't resist that one), in three weeks both you and Ackerman maybe selling apples on a street corner in NYC! Kherson

[freewest]

me thinks your right, the model valeant used to make money is high risk and i'm happy citron exposed it , one thing jason donneville said is now all stocks will be looked at in the same light as valeant , i'm happy to see that cause it's about time shareholders finally see how the stock markets really work .

[Kherson]

Maybe all publicly listed companies and the management teams behind them should now be looked at in the same light as Valeant! Let's face it, there is just too much fraud and corruption going on behind the scenes in the Market, yet the Regulators are sitting back and allowing it to occur! Sadly, here in Canada due to our corrupt Provincially controlled securities regulators, the fraudsters and

[leo101]

i guess the question is, should greedy idiots be protected from themselves? if some nitwit wants to double his money or get yield north of 10%, then they get no sympathy from me.  it's  a fine line between protecting greedy idiots and letting the market operate freely.

[Kherson]

[Kherson]

Posted October 31st, 2015... Kherson

[Kherson]

[freewest]

what did valeant do wrong , i can't really say what they did wrong cause what valeant did is way too complicated for even the most informed stock investor to describe , except i do know that morals and financial ethics are in play here as far as i can see for myself , i would not invest in valeant knowing what i have seen , never . i hope no one here ever have to need the over priced product

[WinnipegTrader]

So if these guys are done, why doesn't everyone just short it on Monday?

[JustforFun7]

Pharmacist at center of Valeant scandal accuses drugmaker of 'massive fraud' On October 6, Reitz filed a lawsuit in US District Court in Los Angeles, alleging massive fraud. On October 6, Philidor posted a job opening on Monster.com, seeking a Compliance Director. https://www.latimes.com/business/la-fi-1101-valeant-pharmacy-20151101-story.html https://jobview.monster.com

[freewest]

Valeant became one of the hottest healthcare stocks in recent years by buying other firms' medicines and then swiftly hiking their prices by as much as 500%. raising prices 500% , thats is greed .. period .

[RE38]

What did they do wrong? Here's some reading for you: https://seekingalpha.com/article/3599236-the-fbi-should-investigate-valeant-philidor-for-insurance-fraud https://seekingalpha.com/article/3615356-even-when-ignoring-its-questionable-business-practices-valeant-is-still-the-lehman-brothers-of-biotech

[notwrong]

This post has been removed in accordance with Community Policy

[StocknerdEQcool]

norwrong, no point to get into arguement over a juicy episode of Valeant misfortune. The whole event is not without its own merits in telling CEOs and hedge fund managers to operate and do their business in trustworthy standards. In my view there will be hedge fund redemption run which will lead to further collapse in prices to a number of stocks and not just VRX alone next week !!

[StocknerdEQcool]

Indeed hedge funds redemption run a reality this week. The next thing will be an Exodus. Good luck to my fellow Canadians. We can't win them all !!