I probably was a little anxious, but on a technical level it is oversold. Almost 4 million shares sold, which will take out some of the volatility in the future. The good thing that seems to be overlooked is that their products seem to be working well, and are actually improving hospital stay time. This would seem to me to be extremely positive. I make a habit of picking up high volume low costs stocks on VERY down days and holding for two weeks to a month. This has paid off well for me, and NSPH seems to fit into that category barring some really bad news, which I do not believe is even possible in the near future. Good luck to all, especially ME!
You are getting it for almost $1 because they have .75c in cash, so the technology they sell which is growing is very very cheap here, of course, everyone panicked, but as Buffet does, BUY when everyone else is SELLing, thats how you make big money. I bought 10K shares at $1.83 I will admit it! I doubled my position
ok sammy, I'll bite--how do you think this all plays out? Even you had to be shocked by the developments announced last night. I'm guessing your views have not changed, but could there be an inflection point here that is potentially positive? Curious that someone posted on the CC it sounded like the analysts were NOT surprised by these developments and were quite calm.