a*****1
发帖数: 3134 | 1 I don't believe it will bankrupt but the drop is not done yet. You will have
enough opportunities later on.
发信人: able101 (able101), 信区: Stock
标 题: VRX has more problem than just PE
发信站: BBS 未名空间站 (Thu Nov 5 13:50:31 2015, 美东)
With the stock drops like rock and earning power reducing in the future, it
is highly leveraged. The market cap is $27B while debt is $31B. The debt
will be downgraded soon and the financing cost will skyrocket. From here on,
it will be a downward spiral.
As I have said before, this is the story of ELAN-2002 repeating. Selling
asset is the way out.
发信人: able101 (able101), 信区: Stock
标 题: History is a guide, VRX reminds me of ELN
发信站: BBS 未名空间站 (Fri Oct 30 13:16:45 2015, 美东)
Elan was an Irish biotech company. It got aggressive in accounting and
acquisition during the stock boom in 2000 and stock ran several fold to 67.
Its problem was later exposed in 2002 and company stock went downward spiral
and its survival was on the line. The stock dropped to $1.
However, it was still a solid company with solid asset, pipeline and drugs
to sell. Later, the stock bounced back to the high of $30 and was
successfully sold.
VRX is very similar to Elan in terms of product line and management behavior
. The problem is it accumulated huge amount of debt ($30B) to finance the
acquisition. When everything goes well, it is a wall street darling. However
, the debt will be a huge issue in current situation.
The upside might be 100%, but the downside can be 90% if it plays out like
ELAN. Having said that, the asset is real and the sum of part is certainly
larger than the whole. When everybody is talking about VRX bankruptcy, you
should be brave. | y***r
发帖数: 16594 | 2 我不信，不过我re一下。
这个股票太surprise人了。多少明星hedge fund的top holding呀。去年4Q paulson还
加持了50% | h*******9
发帖数: 708 | 3 太低估Ackman的实力了，我觉得要捞就得赶在10K出来前捞 | a*****1
发帖数: 3134 | 4 The next triggering event can be the auditor refuse to sign off 10K on time
or simply just resign. Or maybe both.
History never repeats, but rhymes
【在 y***r 的大作中提到】
: 我不信，不过我re一下。
: 这个股票太surprise人了。多少明星hedge fund的top holding呀。去年4Q paulson还
: 加持了50%
| N*****d
发帖数: 9872 | 5 Ackman这种恶庄一般都在最高位做空的。连这都不懂的敢紧去读一下reminiscence of
stock operator那书吧
[在 able101 (able101) 的大作中提到：]
：I don't believe it will bankrupt but the drop is not done yet. You
will have enough opportunities later on.
：
：........... | a*****1
发帖数: 3134 | 6 人们都还不信， 唉！
have
it
on,
【在 a*****1 的大作中提到】
: I don't believe it will bankrupt but the drop is not done yet. You will have
: enough opportunities later on.
: 发信人: able101 (able101), 信区: Stock
: 标 题: VRX has more problem than just PE
: 发信站: BBS 未名空间站 (Thu Nov 5 13:50:31 2015, 美东)
: With the stock drops like rock and earning power reducing in the future, it
: is highly leveraged. The market cap is $27B while debt is $31B. The debt
: will be downgraded soon and the financing cost will skyrocket. From here on,
: it will be a downward spiral.
: As I have said before, this is the story of ELAN-2002 repeating. Selling
| e**********e
发帖数: 999 | 7 做空个屁，他的pershing square YTD都是可以查的到的。
of
【在 N*****d 的大作中提到】
: Ackman这种恶庄一般都在最高位做空的。连这都不懂的敢紧去读一下reminiscence of
: stock operator那书吧
: [在 able101 (able101) 的大作中提到：]
: ：I don't believe it will bankrupt but the drop is not done yet. You
: will have enough opportunities later on.
: ：
: ：...........
|
|
