No news is good news.
Up 4.63% as I type.. I'm happyWorthless Downgrades at 52 week lows... who pays these people?
"No news is good news."That may be, but there is news, posted yesterday, and it ain't good!"Boston Scientific Corp. on Thursday reported a second-quarter loss of $3.4 billion, citing an impairment charge and declining sales of key products."http://www.bizjournals.com/twincities/blog/in_private/2012/07/boston-sci-posts-34b-loss-sales.html?ana=yfcpc
The $3.4bill charge was a NON-CASH charge!Hopefully you know the difference. Excluding that charge, which had no effect on cash, BSX was very profitable. Sales will ramp back up by 2013. Only 6 months from now....