Wells Fargo is a FRAUD bank and David the Skunk Maris is a FRAUD so called Analyst. Aside from that Papa needs some PR and Ackman needs to reconsider offers for the company if 'only' in the $40's share price range.
It does give one pause seeing market up huge today and us down. What happens when market sells off again do we follow market down like usual?
Yes it is very FRUSTRATING owning this stock and being loyal since March. There are plenty of things that can get this stock back into the $30's-$40's but the board and largest holders seem UNWILLING to do it. Simply spinning off B&L and/or Salix would easily do that. Of course selling non-core assets at a fair price would help get it to $30.
The market wants actions I agree and to date there have been very little in asset sales. Also, B&L must be spun off that alone would be worth 18-22 billion with say 6 billion in debt that company alone with same amount of shares outstanding as VRX would be worth almost double where we are now! It does not take a genius to see that! Why keep your best asset tied up in the drama of VRX just free it already and unlock its true value not a multiple of 3.8!
This stock is trading like utter garbage. So much for being 'loyal' as a shareholder what has it gotten us since Papa took over on May 3rd? Down 7 points or 20% even with 'good news' in August. Ackman got greedy or worried about his ego for not taking TPG/Takeda offer and us shareholders are paying the price for his mistake. Held through both spikes into 30's and what did we get, nothing!
We still have that Latanoprostene bunod that was not approved due to manufacturing issues at Tampa facility and there is the broadnlomb drug in November.
Lowest since March 11 of this year! We need good news now to get this thing going. One asset sale or FDA approval or cost cutting or analyst upgrade.
They have made it clear based on inaction so far they are not concerned about the stock price. I don't know what they are doing behind the scenes but the stock price says not much! Their silence lets David the Skunk Maris and Chanos and Left control the narrative as well.
I agree he is a total FRAUD! David Maris deserves to be in Jail. He must be in Chanos' back pocket I have never seen an analyst so belligerent are anit company he covers!
Fine then have him just quietly guy a million or two more shares at market and file 13G/A with SEC after and have financial media pick it up on their own!
One would think someone like Paulson would talk their book and be aggressive against the likes of that #$%$ Chanos. All he has to do is buy 1 million shares 'at market' and this thing flies up a point or two and then get on TV saying he is buying more! Fight back already Large VRX longs!
Yes this is getting old market up big again and MYL is up 2.50% today so what is our excuse for today? CFO has made no communications or cost cutting or other streamlining of operations but Asset sales are taking way too long. Wait until tomorrow where we are guaranteed to trade lower due to it being a Friday!
The same 'silence' Ackman was complaining about in emails to Pearson last November and December is happening now! Kind of ironic!
That would be nice if we got it. Not sure technically where we go from here as we are just at the 50 DMA line. The average price per share paid over the last 50 and 100 trading days it basically where we are so one would hope there would be support!
Great idea I really wish they would swap shares in those two companies. Icahn in VRX and it movers up very quickly and Ackman covers HLF and it moves up over $70 again. I just didn't like the fact they didn't look into the Takeda/TPG offer more and at least counter with something.
VRX is barely 60% of the average one year consensus price target by a lot of analysts. They spin off B&L 100% as a separate company and they reach their yearly price target easy!
Yes I agree we need something and soon. We are down $6.41 from recent high a few weeks ago! I was thinking naming her successor would at least show they are able to fill that slot. The momentum is horible and with the market up today what happens if market goes down tomorrow it makes one wonder. We are sittting right at the 50 DMA but the stock needs help to bounce.
The market is not impressed with whatever Ackman has said or Papa as the share price reflects the sentiment. I am sure they are working hard 'behind the scenes' but this is a public company and we need to see things.
If Ackman is so confident the stock will recover he should take company private at $35-$40 per share for whomever doesn't want to be an owner of the private shares and re-IPO it in 2 years much higher.
Yes its pretty ironic! I am beginning to think there will be nothing announced ever again by VRX!!! They STILL have not replaced Laurie Little after announcing her leaving many weeks ago. I think it took less time to find a new CEO!
I doubt its Ackman or Paulson. Could be another who knows? Yes, this asset sale thing is enough already as they havn't sold didly squat other than a right here or there for chump change! Its been 6 months and the 'Rejected' Takeda TPG takeover looks more and more of a stupid move IMO. The stock market is not going to wait for VRX to sell assets when it decides to sell off.
We are the only one down today in the sector it seems. I rolled out some call options I bought for a trade a few more weeks as I don't trust they will release anything this week or maybe even next? If they were smart they would release something mid-day so no 'Gaps' have to ever be filled. Technical traders are not bought on the fact the 50 crossed up into the 100 so we will have to wait for the 200 to be met by the 50 probably in December!
Yes another very weak day and on higher volume. This is getting old real fast! If they want loyal shareholders they need to at least perform with the market. Who is selling all these shares at this point? Chanos, Maris?