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

Healthcare Drug Manufacturers - Specialty & Generic
"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

VALEANT PHARMACEUTICALS INTL INC > Long term investors...
View:
Post by Olive777oil on May 12, 2016 11:05am

Long term investors...

It must be discouraging for the long term investors to see this stock decreasing days after days by the shorts. I might be buy today at around 30.72 which will be 10% less than the actual peak today.
Comment by Olive777oil on May 12, 2016 11:12am
I don't have level 2. Could anyone tell me if there is a big support for this stock somewhere?
Comment by PROtrading on May 12, 2016 11:46am
L2 won't tell you much here especially with massive US volumes 28M shares traded already, only 1.4 in Canada.  US is driving this stock. This is called "capitulation"  The latest Pershing rumbles have scared the markets and frail tired hands are folding. Sending shares into the waiting hands of the short seller gangs responsible for ths carnage. (And contrarian buyers like ...more  
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