Bausch Health Companies Inc (BHC)

[KING_TRADER$]

Their numbers are spectacular but this still puts their PPS price per earnings at 50X its current valuation. When this was at its peak $263, it is valuing VRX at nearly 100X earnings. You've got to be kidding me if you don't think that's overvalued for a healthcare company.

If you look at their past 5 years earnings...you notice the dramatic increase in their quarterly numbers. How did they do this? BC CEO changed their business models. Slashed R&D, refuses to do any R&D, and spent millions in acquiring drugs, mark up the price over 100%. They hiked a drug used by AIDS patients by nearly 5500% overnight.

This kind of business module is doomed to fail, just a matter of time.

Their business model is under scrutinized not just by investors/shareholders. But also by government Democratic leaders/Senators/Congressman.

http://fortune.com/2015/10/31/valeant-scandal/

GLTYA!