iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,692 Blog Posts

When Blogspots Attack: $VRX Lower After Another Hit Piece Hits the Web

This one is slightly less amusing, only because I’m actually long VRX now. Nonetheless, the comedy I am entreated to, as VRX dives lower, much to Bill Ackman’s chagrin, due to some connect the dots whodunnit gambit–by some blogspot addressed website– is very fulfilling for me.

I enjoyed this one quite a bit.

Apparently, VRX has other pharamcies named after chess moves and Stephem King references.

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I would like to get to the bottom of this. I am sure VRX has a solid explanation.

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Uh, he mentioned the “f” word. Now everyone, like good little lemmings, pile into the short trade.

FML

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6 comments

  1. nocturne

    If your business model relies on you skirting the gubmint’s rules with questionable tactics, you STFU and keep a low profile during our ever expanding election cycle. The gubmint giveth, but it can also taketh away.

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  2. dragun

    I recall, back in the day. That VRX’s predecessor, Biovail, missed quarterly earnings by a long shot and blamed it on a transport truck that turned over in Chicago.

    Just sayin’.

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  3. the dude

    Bronte Capital needs a chess lesson. It’s “Caro Kann” defense. VRX needs a lot more than a chess lesson.

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  4. badduck

    Seriously? These little shithouse short shops can unearth all this stuff but billion dollar banks and hedge funds can’t? I don’t buy it.

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  5. infinitezuul

    Bronte Capital isn’t exactly not-legit.

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  6. pb

    I cannot put my finger on it exactly, but there is something just a little too cute about Ackman’s VRX derivative deal. The market gods are not done with him yet.

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