What the shorts fail to realize is that a large part of Valeant is Bausch and Lomb....What bank would not want to make a loan backed up by a company which mints money year after year.........? As long as the collateral stays intact, this is an easy 3 bagger.
GNW at this insane price...........Better load up the truck, boys! In 3-6 months, you may see $7-$10 per share and you will be kicking yourselves.........The bond market is in its last final gasp stage of a vastly overextended rally that is going to burst all over the world in very short order. Don't buy it!