VRX Valeant Pharmaceuticals

[felixbocharov]

Indeed, VRX is likely to bring some losses in the next quarter.

I hate Valeant, the company is a pure evil.

 

[Palindrome]

I think it already bottomed. I've got a Limit order in at 13.76 to Buy.

I've got a feeling I might never get filled unfortunately.

 

[Deuteronomy_24_7]

I've got a Limit order in at 13.76 to Buy

Where does that magic number come from? Current price is 18¼.

 

[Palindrome]

its the 52 week low... 4 days ago.... You got a very short memory for a guy named Deuteronomy?

I am hoping gets retested for me to buy. I don't think it will happen though. I think it bottomed already. But I am waiting patiently to hit that entrance. If 3 weeks from now it is trading at 25, I will have to move to the next stock and forget this piece of garbage trading vehicle.

As I mentioned a couple weeks back, I think this will bottom between 9 and 16.

 

[Deuteronomy_24_7]

So you can "make" $4½ by buying it cheaper than its current price, but are willing to "lose" $100 (or whatever) if it skyrockets without you on board?

 

[Palindrome]

My model says it has not bottomed yet. My model is wrong at times. But if I stray from my model then I would just be gambling.

I'm about 9 for 10 on market calls on this website, so I trust my model.

 

[Jamie J.]

I think this is not that stock where people should spend their money. It is not stable in recent time.

 

[Michael J. Fletcher]

Hope they will go belly up soon enough.

 

[Jamie J.]

Hope they will go belly up soon enough.

Sorry, but hopes are unlikely to help. VRX is too risky and may turn into a real problem.

 

[Lloyd W. Coutee]

Hope folks are paying attention to institutional buying this up like pot in Colorado