Talk about group think. If VRX ends up being a fraud, it will catch some of the brightest minds in the investment community naked, without pants, holding their testes in the wind.
A plethora of hedge funds have reported new stakes in VRX. For the quarter that just passed, Coatue, Jana, Laurion Capital, Okumus Capital, Paulson & Co, Viking Global, Brave Warrior (the fuck?) and Hound Capital have either initiated a new position or added to an existing one.
Other large holders include Pershing Square and Valueact, with the latter holding two seats on the board.
Shares of VRX are down 10% in 2016, so far.
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Isn’t Coatue the mutant in Total Recall?
At some point in here we are likely to have a sell down to murder all the late comers to this rally. Soon.
Lolz, Brave Warrior…