Valeant? VRX

VRX to report financial results on Tuesday, May 9, 2017. Most likely before the open.
http://ir.valeant.com/news-releases/2017/04-10-2017-215957710

 

Top Analyst Cuts Price Target on Valeant Pharmaceuticals

 

Will VRX ever be above $15 again? It's still "a down market".

 

Down another 5.59% to $8.95. Market cap now $3.11 billion.

April 2025 6.125% traded between 73.75 and 75.50 (down slightly from 6 April).
October 2020 6.375% traded between 86.375 and 86.475 (down about 3 cents from 6 April).

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does anyone follow this stock? what are the chances of bankruptcy or it recovering to 20-30 level?

 

In post #130 Bill Miller says $40-50 in 3-4 years...

 

bought in at 8.91..either it's going bankrupt or doubling from here

 

either this is a fake breakdown (and we get back above nearby support) or it's heading to test all time lows

 

I like my odds betting on a VRX Long here better than betting on blackjack in vegas

 

It seems that VRX is going to be totally crashed.