Post by
fundtrader on Jun 22, 2016 1:38am
Takada Pharmecuticals buyout offer???
I think if this falls any further Valeant should start exploring that 50 $ us + takeover offer. A lot of shorters in here spreading fake rumours and making stories up to scare investors away. This is an excellent buy at these levels. These shares are probably worth 3 times then the current share price. Shares trading at less then 3 X earnings.. Just look around the pharma market, Most companies are trading at 12 X earnings. These shares are on auto short. The moron saying the short position is only 1 % clearly doesn't have any clue whatsoever. The Short position on this is almost 10 % now or 35 million shares. One good asset sale or a takeover announcement and these shorters will have to liquidate their houses to cover their shorts.