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Your reasoning makes me want to go short STJ right now!
We'll see what happens tomorrow - I have a feeling it won't go well as EW, STJ and MDT are all retreating.
Sentiment: Strong Buy
I sure hope you did as you said and shorted St. Jude!!!!!
As of the date that you made that statement. 17 Oct or shortly there after they were in the nieghborhood of $42.00 per share. Today the news of FDA finds when we spoke a month ago has hit the wires.
St. Jude has tapped danced around this issue and not been straight. Now they are paying. for that behavior.
If you did short St. Jude You are a happy happy person today Now they are at 30 dollars a share.