Replies to post #3869 on Bausch Health Companies Inc (BHC)

[akamaii]

John what's your target here hope you got in that govx I was pushing still cheap. Any targets here I think it may go down tomorrow for a buy opt not sure haven't dd here

[JLS]

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.