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Bristol-Myers Squibb Company Message Board

  • snugly60031 snugly60031 Mar 26, 2006 5:48 PM Flag

    Must Go Lower To Get Back In

    Like probably a lot of other people I bought in low $20's in last 6 mos, and took my profit last week. Stock now needs to drop another point or so from here to get me interested in buying it again. I agree with the posters who say the stock could go for $30, but I also agree with others that have pointed out risks. IMO the risk/reward ratio is not sufficiently favorable at current price for new buys. If the stock went below $24.50 I would start to consider buying; $24.00 would be a sure buy.

 
BMY
50.82-0.53(-1.02%)Sep 30 4:00 PMEDT

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