VALEANT PHARMACEUTICALS INTL INC T.VRX

UPDATE 1-Ackman sells part of Mondelez stake

[Defaulter]

BOSTON, March 16 (Reuters) - Billionaire investor William Ackman adjusted his battered hedge fund portfolio on Wednesday when he sold 20 million shares of snack maker Mondelez International, one day after another key holding, Valeant Pharmaceuticals, lost half of its value. In a three paragraph letter sent to investors after the close of trading on Wednesday and seen by Reuters, Ackman said his firm, Pershing Square, has no plans to sell other investments right now and has "substantial uninvested cash." The letter came one day after Pershing Square lost about $800 million when Valeant was pummeled after raising the possibility that it may default on its debt and posting a worse-than-expected financial outlook. Ackman's Pershing Square Holdings has now lost 26.4 percent since January, marking one of the worst performances in the hedge fund industry this year.

[Biggiesmalls]

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[groupguru]

Heres a good investment for everyone Mondelez - you know its a winner because Ackman just sold - and we all know you just need to do the opposite of this clown to make money!

[groupguru]

I hope Ackman and and Pershing push ALL IN on VRX - and then go Tiiits Up!  Couldn't happen to a dumber bunch of people - Ackman should be living in a cardboard box given the way he has managed money as of late 

[Biggiesmalls]

This post has been removed in accordance with Community Policy

[groupguru]

Hey get a second mortgage on that house (probably a third for you) empty the kids college funds and borrow from any relatives that still talk to you - GO ALL IN!  You are obviously super intelligent! I mean you can tell this simply by your clear and insightful analysis of this risk. You and Ackman LOL!     Turning large amounts of money into smaller amounts, your name Biggiesmalls

[groupguru]

LOL!!  Biggiesmalls, turning Big Piles of Cash into small since 19_ _ ! Ya doing the opposite of (H) Ackman actually works pretty well. Hows  this stock working out for you :-)

[Defaulter]

That was just an excerpt...since several people read it, here is the full article posted on RBC. UPDATE 1-Ackman sells part of Mondelez stake, has no plans for other sales 4 hours ago - Reuters UPDATE 1-Ackman sells part of Mondelez stake, has no plans for other sales (Adds details on performance, letter) By Svea Herbst-Bayliss BOSTON, March 16 (Reuters) - Billionaire investor William Ackman

[FullReversal]

Guy I know is on my case to get interested in VRX.  My cash is tied up in some nice runs at the moment. Are there any bull here capable of telling me why it's better to buy now versus waiting 45 days or so?  When is all the US government stuff going to be dealt with because regardless how attactive this company looks at $43 CDN, that's something that investors like me hates

[Defaulter]

Ackman/Pershing Square will do everything in their power to recover their losses, including dumping in more money! But my guess is, if they are driven to that point, they would have already decided to make some significant management changes.