knowing so many unknown good news is about to show up... on top of that, we got Goldman Sacky on our side now.
see you guys at $55-$70 in April/May
I know there's a lot of smartmoney accumulating VRX now in the low 32-34 range... breaking out any day
I concur... but!
There's a chance we might not have to sell our assets to pay down some debt, there're many ways of doing it. Valeant already hired Goldman Sacky for some financial advice.. kind of like one hedgefund asking another hedgefund for advice.
If Valeant do go down that road and sell some assets... my friend told me just salix alone can fetch $15 to $20 billion in a bidding war. WOW !!
one more thing.. never listen to cramer.. he's pump and dump scam artist
Just look at the massive volume yesterday... only a small portion are short covering... majority of the volume yesterday are from new hedgie money... which means VRX are heading much higher from here.
I will go long from here.. this is a easy decision
On top of that, the long awaited NEW CEO are coming in weeks.. and not months
The massive huge volume yesterday tells me there's a lot of NEW PLAYERS going long in Valeant in the 33-34.... which means this stock is heading higher, much higher from here.
Most likely heading higher from here. One of the biggest obstacle are gone now. Valeant Creditors agree to amend loan terms, which means easier to make payment and no more default.
Now people are focusing on the NEW CEO that's coming in weeks ... and the next big news is filing u know what.
easy money ... just follow the trading range
When you see VRX back down to 25.00-26.00 ( YOU BUY BUY BUY )
When VRX runs back up to 32.00-33.00 ( SELL IF THERE'S NO MORE NEWS OUT )
Sentiment: Strong Buy