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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 groupguru on Jun 08, 2016 2:30pm

Nortel Syndrome

A lot of "investors" in VRX have Nortel Syndrome: This is where you believe something that was once great can be great again and they dogmatically defend this assertion even in the face of
overwhelming information to the contrary. History is against such miraculous comebacks - yet 
"investors" / Gamblers always want to believe in the posibility of a Hail Mary.

People buying VRX are gambling on a Company, hoping for a resurection, despite all the evidence
pointing to complete meltdown -up to its eyeballs Government scrutiny - up to the eyeballs in debt - has mistated financials - played unethical games and is simply a big roll-up scheme where it has leveraged everything for growth and failed - continued negative earnings on purchases and now needing to service higher and higher debt and more expensive debt.

Sometimes when the mighty fall - their dead - and you need to bury them.
Comment by Marky1 on Jun 08, 2016 5:34pm
Listen..you can sit and wallow in self pity thinking that the sky is falling and that you are going to lose your money in VRX....we are not alone... a similar story is unfolding at CXR...parallel stock decline as ours...At the end of the road this company is still a great entity...It is NOT going bankrupt...Mr.Papa is a well respected CEO and he knows what he is doing and what he's  up ...more  
Comment by Joe454 on Jun 08, 2016 5:44pm
This post has been removed in accordance with Community Policy
Comment by Marky1 on Jun 08, 2016 6:15pm
Someone or some institution took a huge position of 320,000 shares at 4.30 pm....
Comment by Lostinmarket123 on Jun 08, 2016 6:49pm
Ask yourself are you a investor who is here to make money or are you a company flag holder...at the end of the day if your investment returned you negative or didn't return anything much you are a poor investor and should start thinking where did I go wrong...I see you calling investor relations etc... We at wall st call this EMS ... Emotional stockholder syndrome... Don't take it that I ...more