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CryoLife Inc. Message Board

  • dlhild@ymail.com dlhild Apr 8, 2010 12:01 AM Flag

    Buy CRY below $6.30 tomorrow I think

    I'm not bashing CRY...rather just thinking that it will drop below $6.30 tomorrow, because markets generally are weak.

    What scares me is I think SGA is a pretty tought SOB.

    I think SGA is a long term strategic thinker, and that is scary to me.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I do not mind holding CRY. Because, I can sleep well at night with holding CRY. No debt, conservative CEO (your favorite Mr.Anderson,hahaha) and plenty of cash and a moat (you mentioned low margin with tissue valve which would be the reason it would be hard to survive for others). If it dips around 5.70, I will buy more, i feel very comfortable, that i will not lose money, will keep stock piling.

    • Hey DL,

      Got in at 6.16.

      What do you mean by SGA scares you?? In good way or bad way??


      I think CRY has multiple issues and agree with your previous evaluation but I think still it has huge potential and markedly undervaluted. It just needs little spark and Stock will fly, IMHO.

      Thanks

      • 1 Reply to pahad21
      • dlhild@ymail.com dlhild Apr 8, 2010 6:50 PM Flag

        pahad, I think you bought at a very good price.

        You will be rewarded if you hang in there.

        CRY may go lower first though, because there is a big seller who is dumping, or has dumped, their position.

        Also, I think the overall market is 15% to 30% overvalued. If the entire market goes south, CRY will go south too.

        I doubt that the Medafor cloud is going to go away anytime soon, so this will continue to be a drag for quite some time IMO.

        At these levels, CRY stock will work out at some time in the future, it just may take quite a while.

    • Why not wait a little longer as this Co. has big problems ahead.

      • 1 Reply to swissrat
      • This entire Medafor situation has been a fiasco for CryoLife.

        Sure CryoLife is much bigger than Medafor, but they still are a damn small company themselves and THEY can not really afford this dispute. CryoLife is spending several millions of dollars in legal fees annually on its suit with almost no progress to date. The hostile takeover of Medafor failed and ended up with CryoLife spending $5,000,000 for Medafor stock which is illiquid and they can’t sell. Now Medafor has stopped supplying product to CryoLife. If CryoLife gets an injunction from the court they are back to square one; if CryoLife doesn’t get the injunction they are in a whale of a hurt and they will lose ALL of their Hemostase sales. Sure they will sue for damages; even IF they win they will collect many years from now.

        CryoLife thought that they could easily “roll” Medafor and take over all of the IP rights to the product. They miscalculated the resistance of Medafor and they are paying a huge price for their mistake.

        CryoLife should either live with Medafor in a reasonable manner without lawsuits or just move on and work with their own BioGlue and some other Hemostatic process. If the Medafor product is actually a good product why not work with Medafor? If the Medafor product isn’t that great and profitable product why all the ridiculous expense of lawsuits and takeovers?

 
CRY
9.75-0.28(-2.79%)4:02 PMEDT

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