Replies to post #2673 on Bausch Health Companies Inc (BHC)

[btsw]

Market cap of $6B with $30B in debt with assets possibly worth less than the total debt. Hard to see how the stock is not overvalued at $19/share.

[sirbutterknife]

Well, in a fire sale the value of the assets gets cut significantly. If tomorrow's call isn't viewed favorably it's going to tank, plain and simple. And the share price will likely have little chance of recovery until January, due to tax selling pressure.