Lots of speculators tune into Cramer and think he's god.
In reality, you won't make a profit taking following their picks and suggestions.
You only gave part of the story...the insider trading was for AGN before it was taken over by Actavis (named later changed to AGN).
Not a big deal story as VRX stock continues to slide lower until allegations can be disproved.
In other words guilty until proven innocent.
Ackman not doing a good job to disprove...now attacking Buffet on coke holding.
Diller wants ANGI cheap...better to auction the company to highest bidder.
ANGI once traded over 25...won't ever see that high a price for shareholders who bought over 20.
There is no dead-cat bounce trading VRX.
Ackman now trying to lump Buffet as criminal for Coke stock causing obesity. Like that's the only liquid all drinks day in and day out. Bad comparison.
VRX on a slow death until they pull the plug.
Give it to the end of 12/31/15 for this to happen.
MZ stock been sliding for several months now...low 60s, then high 50s, high 40s.
Since August 2015 it never recovered...unless you want to bottom-fish for a bounce.
No prayers for MZ this coming Christmas sales.
If that happens, VRX shareholders will sue the auditors for not uncovering the scheme.
Saunders becoming CEO is positive news...Read has no objections.
Wall St. is positive on the news with share price going higher.
Assume the friendly merger goes through, many expect AGN to 400.
More likely 350 and it might take 3 to 6 months to finalize.
In the meantime, Obama, regulators will object to inversion, threaten and try to pass laws to prevent...but not succeed.
In other words business is better off without Clinton for 4 years.
AGN Saunders gave target date of "before Thanksgiving" for outcome.
Either believe him or lump him with Ackman, Pearson, Left.
The dude Left writing the story - must not have any rules that he can't buy/sell.
There should be for ethical reasons.
That said, VRX still seeking a bottom somewhere unknown; stuck in first or 2nd gear.
Needs to get and stay over 100 before longs come back to buy.
Just a day traders delight currently.
what's the next target RAX trying to take out?
Any chance this goes over 40, then 50?
All the news out there says RAX having a hard time against competitors.
Maybe RAX management has a plan in place for turnaround....stock price will tell you the answer.
TAL timing of sale/merger came at the low end of the 52-week lows.
Or, company which created the merger bought cheap.
Should have asked for a higher price unless the turnaround not around the corner.
Those that bought TAL 30-40 screwed - no profits or have to wait 3-5 years to see if merger brings positive results.
I traded TAL in 30s when couple quarters eps was bad;
Day and/or swing traders made out on this one.
The ambulance chasers will soon come out (attorneys) filing suit price is too low.
Still trading near its 52-week lows;
You'll get a bounce, but how much higher before the reversal;
I give RAX up to 35 max before going back under 30;
Need higher revenue gains instead for price to return over 50;
Maybe in 2016 with some good unexpected positive news.
For now competitors eating RAX up thus the low stock price.
No one will touch VRX with a 100 foot pole.
VRX will implode from huge debt and no further acquisitions from its high stock price.
Interest rates rise and more to pay back will strangle VRX...very slow death.
Comparison is made with 1960s ITT buying companies rise, fall and demise.
Not going to happen overnight...like weeds growing or ice melting over time.
The game of musical chairs will end when the music stops.
I traded WY several years ago when it was in the 60-70 range for a profit.
Now I see it shares trade 25-35 range...and graph doesn't indicate a stock split.
Barron's has a recent article it can go up 35% potential.
Anyone follow why WY went from 60s to 30s and now this purchase.
House of cards held up by Elmer's glue instead of super or gorilla glue (lol).
Some days VRX will go up 3 to 5; other days go down 10 to 15 or 15% to 20%.