1) Valeant is facing investigations by prosecutors in New York and Massachusetts.
2) House oversight ranking Democrat Elijah Cummings is seeking Congressional Hearing on Valeant Business practices.
3) Fraud has been exposed within the company and the defense by Ackman and insiders is that " everyone is doing it ". That always holds up well in court.........
4) Allegations of questionable billing practices.
5) When will the next shoe drop exposing more company wrongdoings? Appears there is a culture of fraud.
6) Wait until Tax Loss selling begins in December.
There are many headwinds facing this company for those who are PUMPING this stock hoping many unsuspecting retail folks will buy into their " stock going to the moon " pump. When investigations are ongoing, most funds are not buying.......They are looking for POPS to unload.
Actually down even though mgmt. came out and denied the story. That is bad for the stock, should have rallied and stayed higher....It didn't. You can't keep down playing the facts that keep coming out just because you don't want to hear them.
Time for all these low life punks to start paying up. This will stop the frivolous lawsuits.
Lets review tex, this morning VRX down 3% or so, your post from yesterday buying VRX at $88ish was deleted. Once the stock reversed and went up $1 today you remind everyone how you bought the stock.
I remind everyone of your mental problems.
NO. News release today at 9:43 am. " CEO gets shareholder Lawsuit over Companies Business Practices Dismissed. " Reuters
If a judge dismisses what is the FTC going to do?
His fund is getting destroyed. Down 25% YTD, out of cash, and both HLF and VRX going against him. Getting close to PUKE time.
Wake up PS investors, Ackman is making the same mistakes by piling more and more money into a losing position because of his egotistical and arrogant ways.
My " plan " was to cover at $80.30 for a $2k profit, a couple dollars more and I am there. According to you it was a dumb and insignificant play as you chided me. How dumb of me to make a quick 2k in 3 trading if she hits today. Your mouth runs at full speed while I make money.
I continue to laugh at you Lacking Capital, your nickname says it all.
LMAO.....went and looked, texexec DID delete his post where he said he bought Valeant yesterday in the $88's. Let's see if he also lies about this.
To own this stock with a culture of fraud and deceit within management is suicide until all the facts are known. Retail guy should be careful both long and short but the bad news is not all out yet, not even close IMO.
Now down 3% on more information of possible widespread FRAUD. Texexec took a position yesterday in the $88's, we shall see if he deletes that post.
HLF has been consolidating for the past 3 months, looking at the 3 month chart we are at the high end of that range. A breakout in the next few days pushes us back above $60 with some nice gains, a fail and we test $52 again. $59 and change appears to be the resistance point, a break above could reward longs with some quick gains to the low $60's. Play Ball...............
I worry about you. Poor sl1 ran home to his mommy, you be ok?
Because the Pathological LIAR has had at least 3 texexec ID's and deletes most of his posts to hide his LIES.
Thanks for playing tex. You should go console sl1, that poor basturdd is curled up crying in the corner.
I wonder why that is not being asked. Pershing Square bought 1.6 million shares early yesterday at $93 and change running up the price, then they sold the same 1.6 million shares in the afternoon at $88 and change causing the SP to tank. You were either STUPID because you made a mistake, doubtful, or you were pushing the SP for options activity. Is that not a clear sign of Manipulation. Even though PS took a roughly 8 million dollar loss, did they push the price for other nefarious reasons?
End of Q414, 3.5 million shares. Yep Soros sold out.
You can't make this sheet up folks, sl1 gets all his info from Michelle the heifer. LMMFAO
You better run home to mommy Lacking Capital, I'll burn your punkash all night long.
No one said you supported VRX CLOWN. Once again your pea sized brain fails. It's your love fest and unbridled lust for Billy Boy.