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"It appears that embattled drugmaker Valeant has at least one billionaire investor not enamored of it. Carl Icahn told CNBC on Thursday that despite an approximate 90 percent plunge in Valeant’s stock price, it was not a minefield he felt comfortable traversing. “I don’t know enough about it to say I would short it, but I definitely would not buy it,” he told the network. “I just don’t know what — you know, when a company has these problems, I am not smart enough to know how deep they are. And so you wait.” Icahn also took time during the interview to kick frenemy Bill Ackman — saying the embattled hedge fund mogul is “dead wrong” about Herbalife. Ackman, the top shareholder in Valeant, famously bet $1 billion that Herbalife is a pyramid scheme. But the stock is up more than 40 percent from its price just before the December 2012 short.", nypost.com
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