Replies to post #4663 on Bausch Health Companies Inc (BHC)

[Spicknspan]

BHC still has to prove that they can pay down debt without selling the cash cows.

[Zilla]

BYND is beyond comprehension.
I was buying calls (BHC) ever since we broke around 22.50 down to 20.50 and sold all those once we broke over 24 Thursday. Still might push to 26.50 but also could go back to 22.50 test.
This is a trading vehicle that one day will break out but until then it really is range bound.
Mostly in cash to be nimble myself. When the music stops there will probably be less than 10 chairs for over a hundred playing the game. China talk will probably support prices this week but will break down and market will follow. I just don't think either country has felt enough pressure to get a deal done yet.
Yes trading is addictive. ;-)