I agree completely. I think right here at this stock price is a tough place to buy for short term. We are at the higher end of past 3 to 4 month trading range. This stock has not been above 6.15 or so for 3 months or so. We are above the 20 day moving average above the 50 DMA and below the 200 DMA. and high in the trading range. Kind of no man's land in my humble opinion I want to see it break that 6.15 or so mark and stay above it. Then I am back in for the next leg up. Or if it goes down significantly I will get back in much lower and ride it back up to 6.10 or so.
Right here I leave my long term money in but short term money I am sitting on my hands waiting to see which way it goes in the next few days or weeks. Because on a giving day who knows which way it goes. Just my thoughts.
still going to 7 and 8 then 9 then 10. any dip I am a buyer.
stocks go up and down dummy and my chart says up long term. your short term daytrade charting does not reflect the value I see in buying or accumulating shares at these prices for the long term.
looks like the 'shrooms are having a strong hallucinogenic effect on you. Weekend is over, no offer was made, you were WRONG!
$10-15 pre-market? Dude, you must be in the looney bin! Are you sneaking onto a computer terminal with internet access? The nurse needs to take away your 'shrooms and increase your anti-psychotic medicine.
They had a lot of debt and lost a few battles with JNJ on patent lawsuits. They paid off billions to JNJ while lowering their debt. BSX management feels substantially positive regarding the future of the company now, so much so that they bought back $1 billion worth of BSX shares in the last few months.
It's time for this stock to take off like a rocket! I am afraid somebody will make an offer of $10-$15 to steal it before all debts are paid off and demand for their products really pick up as the populations gets older.