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Subject:  Re: VRX - Some notes from recent news Date:  8/22/2016  5:08 PM
Author:  NajdorfSicilian Number:  24614 of 26255

But, my #3 rule is don't buy turnarounds until they turn around.

No position.

ps Frankly, I think the bonds are a better bet as of today. It's not like VRX can waste their cash on another acquisition or borrow more, those days are over for a long time.

Bonds hit their high of the year today at 87.875 or 8.1% yield for the benchmark 6 1/8 coupon issue maturing in 2025.
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