Post by
Lostinmarket123 on May 01, 2016 10:20am
Ackman created and is now destroying Valeant
I have been saying this for some time. People rejected my point by calling it conspiracy theory. Finally Warren Buffet and Munger came up and expressed what they felt . What they said is this was fixed from beginning. I said this before and I stand vindicated. Valeant was a rollup created to make sure some of the wall st guys could get money for their cheap companies making Valeant buy those at heavy price. Some Mckinsey and some wall st guys made sure they built up excitement around the company so public money sponsors this. Retail investors and those rich guys investing via hedge funds were tapped in for this. When they made their money they decided its time to destroy and burn what they created and leave. What we are seeing the guys leaving one by one. Soon some day Ackman will leave as well Leaving a bunch of bagholders. We will see this will slowly drift towards bankruptcy ... first they will say we have loses and loses will make them not pay their debt and sell assets cheap back to wall st to put in play again and this will go down to 0. Beware of wall street rollups ..they always and always go bankrupt
Comment by
ch042757 on May 01, 2016 3:27pm
Marky1, well said. Thank you.
Comment by
Prisme101 on May 02, 2016 10:26am
So you shorted this right?
Comment by
PROtrading on May 02, 2016 10:41am
Of course. He's part of the pile drive shorts! Little US naked midgets that all go at it! ;-) Love these guys and the carnage they create for regular investors who might be panicking with these sewer rats flooding the streets. And they drove it sub $30s!!! Rats get the cake today! LOL Cling, cling, that's the stop loses going off!!! LOL
Comment by
Lostinmarket123 on May 02, 2016 10:48am
I had bought puts ... Made a good amount ... Looks like carnage continues ... Buffets comment will force money managers not to buy this if they want to retain clients .. For longs only hope is valeant gets bought out ...
Comment by
Lostinmarket123 on Mar 13, 2017 10:16pm
I wrote about this some 1 year back .. this was a scam created controlled by a bunch of mckinsey guys led by Mr Ackman himself ... well done Mr Ackman.. your looting was excellently executed ... anyone who wants to recover his money get hold of him ...if you want to blame anyone blame this guy