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Actionable news in VRX: VALEANT PHARMACEUTICALS INTERNATIONAL,

Valeant Criminal Proceeding: Short Attack or Legitimate?

When management took he opportunity to reiterate the confidence it had it turning around its sinking ship, Valeant Pharmaceuticals (VRX) flew to the moon. Alas, short sellers did not give up that quickly. With a short float of 8.9%, the repeated story regarding Valeant under a criminal investigation had the stock give back some of its 30% gain. Now up a mere 22% on the week, the WSJ and CNBC story is...


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