Bought Valeant today...

[haha]

Quote:

Originally Posted by Fermion I was mistaken, it was Icahn, you are right. I think Buffett bought into Phillips or something and I was misremembering who was in what.

Thanks Fermion.

Ha

[OrcasIslandBound]

Bond investor isn't happy with Valeant. Down 6% today after hours.

[OrcasIslandBound]

When I posted that last post, Valeant was $29.90 now it is less than $22



Sent from my iPhone using Early Retirement Forum

[StuckinCT]

Quote:

Originally Posted by OrcasIslandBound When I posted that last post, Valeant was $29.90 now it is less than $22 Sent from my iPhone using Early Retirement Forum

I'm not really worried about it. Wrote a 50$ strike call some time ago and took in $5 so cost only $31, it is way undervalued especially if broken up. Papas the CEO bought $5mm of stock recently, it will come back once headline risk goes away, bet I still make money on my 100 shares.