137 million shares traded hands today of Valeant. Only 97 million float. There will be more carnage tomorrow. The vultures are not done yet. Not a good sign when your "big brother" in your field is the most actively traded stock and the biggest percentage loser on an otherwise flat day.
Valeant obviously contributed to today's downfall. New pricing and the fact that the market cap of VRX was higher than the total debt load? They warned 2x today. Not a rosy in the Hep C world as everybody thought.