Bausch Health Companies Inc (BHC)

[badbadbad]

We started shorting the stock in the low $100s, added to it in the $200s, choked on it at $290 but stayed short and added to the stock as recently as early this year," the Kynikos Associates founder told CNBC's "Fast Money Halftime Report" on the sidelines of the Delivering Alpha conference in New York.


http://www.cnbc.com/2016/09/13/jim-chanos-im-still-short-valeant-and-not-about-to-quit.html


Asked at what point he would cover his bet against the embattled Valeant, Chanos said the company is still facing about $37 billion in net debt and long-term liabilities.

"That's the real problem here. With the equity, this is something like a $47 billion, $48 billion total enterprise value. This is not a small company, and the shareholders have only a very small — and I think reduced — claim on those assets," he said.