Medium term
Trade view / 05 February 2016 at 8:31 GMT

#SaxoStrats. UPDATE: Valeant position closed with a gain

Instrument: VRX:xnys
Price target:
Market price:
Saxo Strats

We initiated a long position in Valeant Pharmaceuticals International, Inc  (VRX:xnys) on November 11, 2015.

Management and risk description

We have closed our position in Quebec-based Valeant for a gain of 8.3%. We are concerned about the fallout from the US Congressional hearings over drug pricing and hence choose to take profit now.

— Edited by John Acher

Non-independent investment research disclaimer applies. Read more
fxtime fxtime
Positive ROCE and easilly above the so called ''risk free rate'' ... a good call. :-)
TenCent TenCent
Where can we read about all your other Position ? Thanks for noting ...
Mads Koefoed Mads Koefoed
Hi TenCent,
At the moment you need to read our trade ideas ( [both Peter Garnry's and my own], however we will begin providing daily updates in the near future - likely in the shape of a table showing open positions.


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