VRX Valeant Pharmaceuticals

I hate Valeant, the company is a pure evil.

 

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.

 

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

 

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.

 

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?

 

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.

 

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

 

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.

 

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