WOW I had no idea that BSX was selling upwards of 8 billion dollars in devices that BSX gets paid for in Yens!!!! The exchange rate has only changed 20 to 25% dollar versus yen in the past year.
BSX must be have captured the entire market, over night, in every area that they produce products, in that part of the world, for them to lose 1.5 billion dollars converting yens to dollars. I think I should sell my house and invest that money in BSX if they have captured that much market share over night................if what you say is true.
This stock is rising because of the news that was released at HRS this morning. The clinical trial results for the Watchman device. A few months back there was a fiasco about this device and many thought it was dead in the water. That the device wil never gain FDA approval. Now just the opposite has happened. It not only looks like it will have no problem gaining FDA approval it may in fact be a huge revenue producers for BSX in the very near future. It may have a much broader indication for use then what was thought just a few months back..
Looks like you are even on your latest trade or very close to it. I think the market discounted BSX inappropriately becasue of St. Jude's poor perfornce in Q1 that was reported last week. The market seems to be turning for the better but St. Jude is currently having a set of problems that are truly unique only to St. Jude. I was thinking of jumping back in when it was at 7.09. Now I wish I had.
If I see another dip and I am at my computer. I will probably be joining you in the short term long trade. Really right here at 7.28 would not be a bad place to jump in right before the quarter is announced
Jim Cramer also said Do not buy BSX at 5 dollars well you have missed 50% gain since then if you listen to him. He also said buy Apple when it was at $700 per share. Well that would have been another huge mistake.
Do you really want to listen to him. Really???
I hear ya. It sure seems that the 7.25ish level is going to hold. It will be very interesting to see what the numbers are for the 1st quarter 2013. A move up would be in line if they are similiar to Q4 2012 numbers.
Wow something was odd with that pre-market price. It sure wasn't real. Someone had to pay it for it to be posted so real in that sense. You're statement is probably closer to reality than anything else.
Good luck to ya
You might get your wish of an 8 dollar entry point here very quickly. it is 10 minutes before the open and it is showing 7.94 pre-market any idea what is driving this 5.5 percent increase in pre-market?
I have read the reports that have come-out between close of business yesterday and this morning they are good but I did not think they were this good.
So you went short. Yeah I hear ya I jumped out at 7.23 because I got cold feet but I am not to the point that I am ready to short this. I do not have a strong indication of either up or down until we get another quarterly conference call. One good quarter is one thing but I think before this goes up from here we need a couple of quarters or so. I am curious was it a 7 dollar put because if I picked one that is the one that I would go for.
What are you doing going for the most responses ever of 5 words or less. Your upto 40 something with all responses like the ones below.
Best report ever
You really think nobody sees through you???????
Just sold at 7.23 I know I only held it for 24 hours and I 'm taking a lose.
I just had a bad feeling that this could go back to 6.50 or so. I do not think it will go back much below that, so I am back on the sidelines waiting.