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Bullboard - Stock Discussion Forum VALEANT PHARMACEUTICALS INTL INC T.VRX

"Valeant Pharmaceuticals is a global specialty pharmaceutical firm with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The firm also has a branded generics business that operates primarily in Latin America, Eastern Europe, and Asia."

TSX:VRX - Post Discussion

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Post by makingdough on Mar 20, 2016 11:41am

What has changed

so dramatically in their business model in the past 12 months that would potentially put them at such odds with their auditor? It's not like they have never had to go through this before, they did a year ago, and a year before that ... If this is such a fraud as others have claimed, surely alarms would have gone off before? Makes no sense to me.
Comment by coalbet on Mar 20, 2016 12:26pm
Shorts calling fraud. Soon to change.  Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be ...more  
Comment by Northup on Mar 20, 2016 1:44pm
Warren Buffet is spot on - be afraid, when others are greedy. Especially, might I add when it's the insiders being greedy!
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