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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 UppersDowners on Jun 27, 2016 9:49am

New Lows Daily

and we slowly head lower and lower and with more countries wanting to break free from the EU the further we fall. Still will not sell as I am down $100 per share and hope this is a dream.
Comment by Lostinmarket123 on Jun 27, 2016 9:55am
100 dollar ... My friend why don't you sell and back the same amount at a lower price ... If you do that you will continue to hold the shares at same time save your port folio from some loses... I feel for you ... Most people fail to make money as they feel they cannot take loses... Even if you are in loss use brains ... What's is the benefit of avg down or doubling down when you can buy ...more  
Comment by domcolumba on Jun 27, 2016 10:01am
I'm down $18 per share so I don't feel so bad. Sold out at $30 and now waiting for the sellers exhaustion. Soon soon
Comment by Lostinmarket123 on Jun 27, 2016 10:07am
you did the right think ... Why take loses ... If you want to hold valeant share sell and take small loss and then buy back at low price using the same money ... That strategy is what works every time
Comment by Marky1 on Jun 27, 2016 10:30am
I hear you Uppers...I am down $20 a share CDN...I feel the pain...Some good news though...Just spoke withIR....The week of July 16 to July 21 should be excellent for the stock! 3 new drugs will be approved by thr FDA in that week ...so we will see hopefully some rebound in the SP....
Comment by Joe454 on Jun 27, 2016 10:33am
This post has been removed in accordance with Community Policy
Comment by UppersDowners on Jun 27, 2016 1:28pm
Marky1....thanks for the news and yes hope that the market smartens up and I can at least get some money back. I might be down $100 per share but some are down $300 per share. It went down quick and if all works out it can go up just as fast.
Comment by Ellesse on Jun 27, 2016 3:26pm
UppersDowners.... If they can show a good result into their next Q2 in August... then the stock can go up very fast.... It might take a several years to build the confidence to get investors back... Time will tell...
Comment by UppersDowners on Jun 27, 2016 3:43pm
Thanks Ellesse.....the problem is do we have several years? Looks like the sell off near the end of today will set us a new low. I will not sell no matter what and just hope the market wakes up about VRX or are we another Enron as some have stated? Nothing makes sense for sure.