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.
I would like to get to the bottom of this. I am sure VRX has a solid explanation.
Uh, he mentioned the “f” word. Now everyone, like good little lemmings, pile into the short trade.
FML
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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.
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’.
Bronte Capital needs a chess lesson. It’s “Caro Kann” defense. VRX needs a lot more than a chess lesson.
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.
Bronte Capital isn’t exactly not-legit.
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.