What are your guys thoughts on upcoming catalyst and ER?
VRX Valeant Pharmaceuticals
- Thread starter Hemant Verma
- Start date
It gets interesting maybe at 18...see how much momentum there is at that level...looking for more shakeouts
Obsolete. Eventually. Fundamentals suck too much Debt ratio. I feel sorry for Bill Ackman.
IV Rank is pretty high for VRX so train already left the station if you guys thinking to make money buying puts. I made money 3 weeks ago buying calls, gave back everything following week what I made from VRX
IV Rank is pretty high for VRX so train already left the station if you guys thinking to make money buying puts. I made money 3 weeks ago buying calls, gave back everything following week what I made from VRX
Not buying yet...This could take another couple weeks to bottom. We are getting close though...need a couple more shakeouts.
I think the company is done.
I was wrong on this one.
I was wrong on this one.
Somewhere between 9 and 16 this will bottom. Wait for some more fallout, it does not appear done selling off yet. Ackman is having a hell of time, I think he was buying CMG around 410 or so. It's funny I've been tracking those two stocks to buy for quite some time...have not pulled the trigger yet.
Right now the company earns about 6percent ebitda to its debt. No way this survives with a criminal investigation.
You might be right...but if momentum slows to the downside I'm buying. It really hasn't slowed in my analysis during this entire move. It keeps printing these new "puke" low points and retesting then puking, retesting etc. It might do that until it is worthless. But if it stops puking so hard, I will speculate.