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Short Seller Andrew Left Says Valeant’s a Buy as Funds Exit

  • Left says Valeant is ‘priced right now like it’s over’
  • Funds like Jana, T. Rowe Price, Brahman sold last quarter
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Andrew Left: Valeant May See Higher Before It Sees Lower

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Andrew Left, the short seller whose report on Valeant Pharmaceuticals International Inc. triggered the drugmaker’s tailspin, is a buyer of the stock now that many funds are exiting.

“I’m long for a trade,” Left said by telephone, confirming comments he made earlier to the TheStreet.com. “Valeant is priced right now like it’s over.”