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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 > Pershing Square bought about 9 mil of VRX on Feb 20.
View:
Post by kasperky on Feb 28, 2017 10:17am

Pershing Square bought about 9 mil of VRX on Feb 20.

Hey guys,
The earning per share is not that bad, people have a short time upset about 13% decrease in revenue, which is mainly due to the low gastro drug price and sales. This is just lengthening the recovery times a bit more.
Just if you didn't know yet, my friend Bill has bought a bit more of VRX into his fund.
Link: https://investors.morningstar.com/ownership/shareholders-overview.html?t=VRX&region=USA&culture=en_US

Guys, please keep your head high, don't make urgent decision in such a time. GLTA.
Comment by deeppocket83 on Feb 28, 2017 1:16pm
Revenue is down 13% from when Valeant was trading at 150/share, Valeant is down 90%. We should be trading at 70 bucks per share.
Comment by sdncginn on Feb 28, 2017 2:47pm
Feb 20th was a holiday.  How did they purchase on that day?
Comment by SixtDay on Feb 28, 2017 3:21pm
This post has been removed in accordance with Community Policy
Comment by _Highlander_ on Feb 28, 2017 3:28pm
the market over reacts to VRX as usual, they sell assets, stock rises then drops 20%, the FDA approves a drug, the stock rises and drop 20%, the beat wall street, the stock rose then drops 20%, see the pattern, the predatory, day, option and swing traders just buy the rumor and sell the news, over and over, nothing new here, the earning were exactly and a little better than expected, until the ...more  
Comment by deeppocket83 on Feb 28, 2017 4:25pm
WTF?         Did anyone see that 27k trade at 15.30?
Comment by apex16 on Feb 28, 2017 4:35pm
Ouch, down 3 bucks.  Bill must be ripping out his hair, again.   Wonder when the slaughter will end? 2018-19?  
Comment by yrmac on Feb 28, 2017 4:52pm
may be we will have a drop again tomorrow
Comment by kasperky on Feb 28, 2017 6:43pm
Almost likely another drop (or few ones) in coming days. This is a painful story. By the way, sorry everyone about the date, I mean Feb 10, not Feb 20 (holiday).
Comment by PanWest on Mar 03, 2017 11:58am
It just confirms my perfect buy today
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