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Valeant Pharma's Collapse Continues As Citron Research Claims "Smoking Gun", Lowers Target To $50

With default risk soaring, and Ackman's dreams dissolving, Valeant Pharma is crashing again today (halted twice and down over 13%) following a report by Citron Research that claims to have a "smoking gun" on the company's activities.

game over....Citron publishes smoking gun

— Citron Research (@CitronResearch)

 

  • *VALEANT MENTIONED CAUTIOUSLY BY CITRON
  • *VALEANT PRICE TARGET LOWERED TO $50 BY CITRON

Carnage...

 

To 1 year lows...