Read the full 10-K before you invest or continue to maintain an investment. There is a lot of information that is not on this board or short newspaper articles. The 10-K is available on their website.
People love to buy junk Fannie Mae, Freddie Mac, Bankrupt GM. Keep buying, mortgage your home, invest your children's college fund. Borrow against your pension funds, and keep buying.
Everyday brings a new revelation, depending what some individual or institution comments VRX goes up and then down. This has been fun to watch and the outcome is uncertain. Ackman has had some great picks and some real losers, like HLF, JCP and TGT. He made a great call GGP. Players, I hope all you make a ton of ,money no matter what side of the trade you on.
Someone on the side lines having fun watching. elrrambu
If they demanded payment for there debt, VRX does have 30 billion dollars to pay.
Junk (vrx) going on sale today will finish lower. Keep buying this junk, remember JCP and TGT.. Ackman is not always right as he was with GGP. Junk on sale today.
People are still buying junk without knowing the details. 10K will big surprizes that is why they announced new CEO in advance of 10K.
Who could get access for drugs they needed. Shareholders are already in play. This game is long way from any certainty. No pricing power and 30 billion in debt. Think before you buy.
They want to have a story to tell after the 10 K is out, that is why they need to explore selling assets. They overpaid for many assets and will not get full price under these conditions. Keep your powder dry at least until to read the 10 K.
Read the latest on VRX from the WSJ on Yahoo Finance Summary on VRX.
This put pressure on VRX to file report on time, and not waste money paying bondholders to wait. Smart move by Centerbridge.