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CR Bard Inc. Message Board

  • drabrc drabrc Apr 29, 2009 12:58 PM Flag

    4/23 drop

    OK so the best I can see is that ~ 6 million shares traded after dividend went ex. on 4/23. So I guess a large holder had other plans for some money and took it from this safe haven to invest else where. They waited to collect the nice dividend and sold on good news. This all makes sense there are some good deals out there and it does appear we are closer to a bottom for the overall market. All the good news about Bard's present and future was overpowered by this flood of sell orders and it may be a while before anyone recognizes that the upside from here for Bard is safe and sure. Someone out there may want a nice 10% - 15% ROI and my guess is we'll see $85/share again maybe by December or a little sooner. Just MHO. Anxious to see if people agree or disagree.

171.30-1.47(-0.85%)Jul 2 4:02 PMEDT