I think that is what many investors might be thinking and that may be the reason why we see low volume selling. What is remarkable is that you see some 15-20K buys now and then without registering any spike. MM might be helping certain institution to accumulate more shares. I have already doubled my share numbers and ready to do more if it goes down further. This is a good company and it will come back to its reasonable price targets very soon.
If this hits $20-21, I will be buying. If it hits $10-15, I will be buying twice as much.
I think the price has decreased because of the decreased surgeries occuring in hospitals. While I don't think these surgeries are elective, most people need to have insurance even if it is life-threatening. Hospitals can no longer afford to not get reimbursed at least their cost. And non-insured patients can be financially destroyed by the total cost of such surgeries
If employment ever picks up again, then everything will be OK. It is just a question of when that occurs. We may have to wait until there is some political change next fall.
How did you get to this truth? If go to ten, maybe five is possible. If we start extrapolating value of a company with your emotional status, maybe this company should not be even exist?
Look, we have seen this phenomenon many times before (i.e, LIFE) and if you are a good investor, you should buy at this price. Because this not going to be lasting that long. Volume is very low and tells the story!
Look, this sell-off was overdone with no good reason but total nonsense. This is a 67$ (Barron)stock with life-essential quality products. This will come back very fast with one or two quarters. If it goes to 20, I will put all my portfolio money in it. This is a great med-system company! Just mark my word!
This is the second warning involving lower earnings because of European problems and competition. Since neither issue is going away soon, I won't be buying IART. It might be good for a bounce trade, but I see no solution in sight for their fundamental problems.