Good catch! The trade was at .48. Current quote is .34x.39. So whoever bought is down $60000 already.
It's pretty clear that analysts hype the companies that their employers are paid to help. A few years ago, When MCP was in the 40's, Morgan Stanley, which had underwritten its IPO, said that in the bull case it was worth $140. Three years later, it was in the single digits.
strong growth forecasted by whom? They've missed estimates the last two quarters, and with no more growth-by-acquisition and prices capped by Hillary, there's little chance they'll be profitable again.
It's an interesting thing. There's no reason brexit should change demand for pharma, or oil, or Twitter, yet they're all down today.
Dude, it's going bankrupt. It's a nice stock to day trade (but I prefer MNK, because it gets all of VRX's collateral damage but isn't in financial danger), but it's going to zero and there's nothing any of us can do to change that.
And they can belong to the EU.
There's no reason to rush to take it over prior to bankruptcy. Big companies know this. They will wait a few months for BK and then pick up the assets for pennies on the dollar.
I'm surprised he's against the deal. He should be encouraging TSLA to buy more cash-draining companies, since it'll help his short.