Steris Corp. Message Board
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What FOOLS are Buying This???
Why would anyone buy this stock when it missed and guided down? That is something I don't understand. Some people bought over 23.50 and now they are under the water and it is obvious that it is not a stock that is to be bought today.
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Why would a day trader care about a long term fundementals based stock?
- 1 Reply to youknowwho44060
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Didn't say I DAY traded. Sometimes I hold for months. Just like the chart TA in my favor. See ya lower, oh I guess I said that earlier.
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Isn't it amazing what people will buy after such poor guidance and then hold when it moves up. Knowing when to sell is as important as when to buy. See you when the price is more in my favor for a trade.
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The numbers are better than I expected but the answer to your question is I am sticking with my plan to ride it up to 27. As I said before this one is going to continue to bounce in the 21-27 range This company has returned to the kind of slow steady growth that it once was.
The huge growth promised by the former big dogs lost it chance when things hit the fan in 2001. If you are looking for a company to make you rich overnight keep looking. If you are looking for one that is fairly safe to ride up and down this one should be in the running.
Just having fun with it.
Best of luck to all. -
100% correct
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