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Cantel Medical Corp. Message Board

  • padraigaindlithiuil padraigaindlithiuil Jan 27, 2012 11:43 AM Flag

    price holding even post split record date

    Interesting that the price is holding up even though the record date on the upcoming stock split was 1/23/12, for a distro on 2/1/12. It seems that often a stock tends to go down after the record date, if briefly. But on a down day CMN is up again. Could that mean that the company is really a good BUY, with a good short and long term growth potential. I think so.

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    • padraigaindlithiuil, any thoughts on fundamentals here? Or, is it just kind of . . . it's a down day in the market . . . but CMN price is up . . . so the company really could be "a good BUY"?

      • 1 Reply to Eggplant101
      • In the context of a small cap company, working in a niche of a growth industry, Cantel has good fundamentals. It has maintained a recent growth pattern, both from organic and acquisitions. They do seem to have a good understanding of their business model. Health care, particularly of the type Cantel specializes in will continue to grow, in the U.S. and globally. Insiders own roughly 20%, which is often a measure of improving potential and commitment. I have owned CMN for over five years, purchasing it as a small cap growth vehicle for the long term. It continues to be one of my favorites.

80.23-0.05(-0.06%)Sep 27 4:02 PMEDT