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Boston Scientific Corporation Message Board

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  • bsx_pro bsx_pro Sep 10, 2012 1:18 PM Flag

    Front page of today's NY Times


    "BSX is always a buy, and BSX is heading back to $45 in a few weeks as sales continue to grow in the triple digits, while MDT and STJ are heading towards bankruptcy".

    I noticed you've dropped your price target by 25% from 6 months ago, it seems even YOU are realizing that it becomes worth less, as time passes:
    (six months ago you said it was worth $60).

    As far as your 'Buy' rating, its recently hand THREE DOWNGRADES in the past few month:
    (The last one was for $5.50).

    So whats your strategy, keep dropping your target price until it fits into BSX's trading range?

    Even a broken clock is right twice a day, which is way better than your guess-work!

    BTW, it has spent most of the year UNDER its 200 MA, which is where failing companys hang out, and its average price for this year is UNDER 6$ (somewhere around $5.70).

    Yet you have the gall to say :"BSX has 100% perfection in all its products".

    I guess the company didn't get that memo, ya may wanna send it again!


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