I sold out of my COST trading position and redeployed those assets into more FCX, SHAK, PAH and I started a new position in VRX.
There’s too much smart money in VRX for this to be a scam. The most likely scenario is, the big scam are the lies that are being purported by the media. If it was just Ackman in VRX, I’d consider the fact that he might be Ron Johnson wrong on VRX.
But there’s too many very capable and competent managers long the stock.
It goes higher.
If you enjoy the content at iBankCoin, please follow us on Twitter
The debt ,the debt
Bought some in the IRA.