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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

VALEANT PHARMACEUTICALS INTL INC > SHORT HAVE COVERED 4.7 MILLIONS SHARES!!
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Post by JTDOUBLE on Jan 18, 2017 12:05am

SHORT HAVE COVERED 4.7 MILLIONS SHARES!!

I good gauge when the short starts to cover , there are not much money to be made by being shorts here, but the potentials loss could be significant..Still 29m shares shorts which I think will slowly covers however any significal news that push this stock up, shorts will stampeding to cover pushing the stock higher..Risk and rewards trade at this point leaning towards upward momentum...glta.
Comment by deeppocket83 on Jan 18, 2017 1:32pm
Unless a buyout happens then Shorters won't even have the chance to cover. A lot riskier then buying at these prices and being patient for the next 3 months.
Comment by Steppenwoll on Jan 18, 2017 2:54pm
This post has been removed in accordance with Community Policy
Comment by deeppocket83 on Jan 18, 2017 3:02pm
last two years May sell off was pretty damn hot. Dont believe in a may sell off.
Comment by martir0 on Jan 19, 2017 2:38am
This post has been removed in accordance with Community Policy
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