VRX restating earnings...BLATANT frontrunning

Right, so this is SR CDS, which assumes a 40% recovery rate by convention. This implies a 5Y risk-neutral default probability of arnd 45%, which is roughly 6% higher on the day, assuming I did all the arithmetic correctly.
5y CDS closed at 904.4bps yest...
 
$VRX 30m chart....Trying to find a bottom.
original_51315322.
 
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