Description: In July 2014, Dimitry Khmelnitsky advised investors to sell Valeant Pharmaceuticals International Inc. and then watched the stock double in a year. “It was very painful,” Khmelnitsky, an analyst at Veritas Investment Research Corp., said in an telephone interview from his office in Toronto. “What I felt was pain.”

Source: Bloomberg.com – video report

Date: Mar 02, 2016

Link: http://www.bloomberg.com/news/articles/2016-03-02/the-lone-analyst-who-said-sell-valeant-when-hedge-funds-piled-in

Questions for Discussions:

• What does this report say about the reasons for Valeant stock movements over the past few years?
• What lessons are there for investors and financial managers?
• What should investors do now?