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IMHO, a 15% drop is way too much.

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JLS   Thursday, 11/09/17 04:26:01 PM
Re: JohnCM post# 3869
Post # of 4562 
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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