Matt Gravitt
Long/short equity, value, special situations, momentum

A Vivus Buyout? Fat Chance And A Good Time To Short

If you are looking for a textbook example of how to completely mismanage expectations, look no further than the obesity drug sector and VIVUS, Inc. (NASDAQ:VVUS). After suffering a rejection by the FDA, VVUS clawed its way back and got approval for its prescription obesity drug (now marketed as Qysmia) and in conjunction saw i...

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