For those keeping score, that's an 86% drop in about seven months.
But at least the highly-paid Wall Street Analysts totally called this one.
Of course, here on Slope, the posts were more along these lines (from months ago).
Valeant Catastrophe
For those keeping score, Valeant drop 86% in about seven months.
Disclosure:
Short Workday This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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