Valeant will be made an example of.

I used to own stock in Valeant until it dropped down below $60. At this point I'm still pissed at myself for owning any of it. The lawsuits are going to be fun. If any of them ends in a trial with a judge and jury, Valeant surely will be made an example of.

 

Nobody is going to punish the company where the perpetrators are gone, because the company decided, itself, that Pearson's way of doing business was not great for long term results. He was fired, the board was replaced. End of story.

I didn't own the company then because I thought it was sketchy, but I own it now because of the new board and its long-term focus.

 

end of story? What about the racketeering lawsuit?

 

Valeant != Hillary Clinton

 

Err...not really. That cat is still consulting here for another 2 years and his McKinsey crony Rosiello just got a big retention bonus. The influence is still alive and well.

 

This isn't a question of punishing the company. This whole ponzi scheme of rollups during Pearson's reign was based upon paying too much for companies. Metrics were built in that were only achievable by going along with these price increases, cost reductions, R&D terminations, etc. This is the only way that the value for the acquisitions could be achieved. You just don't get it. There is no way out. It is actually a slower death than I thought possible. Just pay attention to the quarterly reports. And know that much of the sales are borrowed from next quarter. And so on.

An investor posting here without knowledge is not going to change anything other than maybe get a few others on a public forum to buy in too - or not sell. The outcome will be the same. Just slower.

 

So, you knowingly bought into the stock because the company fired MP and replaced the board with similar minded leadership. You're not worried that the debt load is too big and that they're not going to cut prices to appease the general masses and the government since they need to pay the interest to keep it as an on-going concern. Can I get some of that kool aid you're drinking?

 

Clinton is going to be elected and she is going to demolish Valeant. She even had campaign ads calling out Valeant as a corrupt company. Do you think that she is just going to sit idly by and forget Valeant?

 

She will have enough to do; this is very low on the priority list.

 

She does have a lot to do you are right. She has had a lot to do in her campaign & yet she still found time to produce and release her second Anti Valeant ad. She has told many she is going to do something against Valeant. That's fact.

https://www.youtube.com/watch?v=Hw_mdHCm0JE

 

She telling like it is. Trump will do the same. The Pharma unforgivable price hikes will have retributions and this Sewer will be flushed!!!

 

Clinton made a promise she will go after Valeant and said she will make it her priority PERIOD. Trust me Valeant is heading down the sewage if/when Clinton is in the White House. Keep drinking the kool aid fool!

 

And you believe any politician, especially Hitlery will keep their promise?

 

Papa is getting ready to go to trial! He got a new head lawyer for Valeant. Should be interesting to see what happens with the lawsuits.

 

Read her bio. She will try to get the global legal and compliance departments straightened out. After that, it's aquisitions and divestitures. Guess what she'll focus on.

Litigation support is farmed out. Pay to make it go away.

 

Pneumonia again to save the day for Valeant. No $ will spent on drugs treating that ailment.

 

Medicine price increases are a fact of life. These companies are making these drugs to make a profit or to help fund the development of other drugs. Most fails, expensive ventures that paid researchers and doctors even when there was no hope of commercializing the project. So, even though the success percentage is really low, how do they fund the loser projects, by jacking up the prices of the successful commercialized drugs. One blockbuster like Viagra or Lipitor covers the loses of hundreds of duds. Additionally, it's based on a supply and demand curve, increase prices, demands fall. Then the poor folks can't afford the expensive drugs and the rich stave off death for another day.

Why the uproar over increased drug prices? Why aren't we complaining about the run away costs of college tuition, foreign aid packages in the billions, an inept congress, etc.

 

That was the more traditional way of earning profits to fund lost or future R&D and not what has people up in arms. Companies like Valeant ruined it by acquiring smaller companies, slashing the R&D, and, most importantly, jacking prices by hundreds or thousands of percent overnight. Doomed for failure once insurance companies and politicians caught on. The model that built Valeant up is exactly what brought it down and why the company cannot recover under such tremendous debt.

 

You are all so screeeeeeeewwwwwwwwwed. Enjoy a nice weekend.