STJ is guilty by association: Zimmer Holdings Inc., the world's No. 1 maker of artificial hips and knees, dropped $2.56 to $65.99. Stryker Corp., the third-biggest, fell $2.56, or 5.4 percent, to $44.89 for the worst performance in the S&P 500. Both stocks were cut to ""neutral'' from ""overweight'' by analysts at JPMorgan on a ""decelerating growth environment'' and a lack of positive catalysts for the shares.
A gauge of health-care companies slumped 0.8 percent and was the biggest contributor to the S&P 500's drop among 10 industry groups.
Pardon me for inferring a short is a negative person. I was just stating that I could have been short this stock and rubbing it in the longs faces. As I stated, I wasn't short and never will be. That's not my make up. You guys crack me up. In the face of a steep decline, you gang up and think it's going to change the way STJ is going.
that has to be one of the most stupid, idiotic posts ever written on a Yahoo message board: " I don't short stocks and never have." I am long STJ because i think it undervalued at this point, but shorting stocks is not about being a "negative" person....being long or short a stock is all about taking advantage of whether the free market is valuing a stock correctly....in the case of STJ, i happen to believe that the stock is at a point where the market has driven the price of a stock to a point where i believe it is now selling at a discount relative to: free cash flow, market share, technologies, etc.....that doesn't mean that this stock can be driven up to a point where someday it may be overvalued and therefore present a short opportunity.
please reserve your stupid posts for another board....that was a childish opinion you posted