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St. Jude Medical Inc. Message Board

  • stocker4949 stocker4949 Apr 17, 2012 2:42 PM Flag

    Anyone who has been investing in STJ know

    STJ is a fantastic buy under $40! You don't want to stay short under $40 because this stock has the tendency to trade easily back up to $45 to $46!

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    • There are two types of people watching this stock. The technical people who truly understand the magnitude of the problem STJ has with many of their leads from a design perspective and the non-technical “stock” people that understand the market. The market is more likely to follow the “stock” people in the short-term but the technical people are a very good predictor of STJ’s long-term health. The lead issue that STJ has will ultimately drive down STJ’s market share but it will be a slower demise than the technical people realize. Who knows what this will do to the price is unknown but I suspect the stock people will have a better handle on this price even though they are clueless about the magnitude of the problem.

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