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JLS

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Alias Born 12/14/2004

JLS

Re: JohnCM post# 3869

Thursday, 11/09/2017 4:26:01 PM

Thursday, November 09, 2017 4:26:01 PM

Post# of 5002
IMHO, a 15% drop is way too much.

The catastrophe that would cause VRX to go back 15% is a bear market.

Given that a bear market is not on the horizon; IMO a 15% drop in VRX is not where you should stop out of your position. That is where you should double down on your position.

At this point I think it is reasonable for VRX to trade around the $16.50 to $17.50 area as it did last July.
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