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Boston Scientific Corporation Message Board

  • bsxextremelyovervalued bsxextremelyovervalued May 13, 2013 12:02 PM Flag

    PUMP AND DUMP: JOHNSON & JOHNSON TAKEOVER

     

    I suppose the JNJ takeover talks must have elevated BSX from $5 to almost $9. BSX has no growth potential, why pay for what effectively can be characterized as a dead company?

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    • Yet BSX has outperformed JNJ since last Nov (http://finance.yahoo.com/echarts?s=BSX+Interactive#symbol=bsx;range=6m;compare=jnj;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;)! The street is in love with JNJ and guess what BSX, a dead company by your definition, has outdid even JNJ recently. Both companies have great looking charts and BSX is just a bit stronger lately. Rumor or not there are a lot of people believe that BSX is undervalued at this level that is why they are buying it (look at the volume during the up movement). The trend is your friend!

 
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