The news on Cameron last night was great. Your whole scenario of a potential for a non-approval is unnecessary. At 7-1 this will definitely get approved!
I have held BSX for over a year at this point. My average price per share is $5.55. I have 80,000 shares. Nothing has budged this stock, so I wouldn't be surprised if this news did nothing. From my prior posts it is clear that the founders of BSX don't care about price per share, shareholders, and their very own investment. We will see what happens today. If we go up significantly on this news, it will be a first.
I agree with you. I do not see this as a huge driver of the stock. I could be wrong. I hope I am. I definitely do not see last nights developments and panel results as a negative though. Or the purchase of Cameron as a negative, as some on this board have tried to claim. They tried to claim BSX just laid out 1.35 billion. That is so far from the truth.
If BSX does go up today I would think that this news was only the catalyst. I think BSX is undervalued by many measures. I would attribute a rise in stock price too many different things not just this news.