Thanks for the post sofyam, I may wait until the 10K comes out. It would be tempting to buy at a lower price but I'd still buy protection. So much negativity now that anything bordering on good news will drive the price up quickly.
Pfizer is merging with Allergan at a cost of $160B. ANG's revenue last qtr was only 50% higher than VRX, $4.2B compared to $2.8B, yet they could buy VRX for less than $40B today ($9.2B equity plus $30B debt). Realize there is a cloud over VRX and there are other factors but it does seem cheap in comparison. I looked at buying the stock and buying puts for insurance but the puts are extremely expensive. Thoughts on a buyout if this continues lower?