If we have a 200-350 point sell off tomorrow, where might this go? Wondering if I should jump out the window asap in the PM? There will definitely be a much better entry price in the market tomorrow, thanks
Going to $3-3.50
It's only money so if you can afford to lose it hold onto IOC or reenter sub $55.
I am not joking about the downside and won't be surprised if we break $4.
You know it and so does everyone else.
Easy 20-25% haircut from yesterday's close.
Stiff competition from Bard, BSX, JNJ.... Low or no Radiation. EP's like their new toys, trust me. STXS is not going away at and can be taken out tomorrow wit this new approval but it will need to rebuild big time to achieve these sales goals. I expect $15 in 1 year on a buyout or growth but also anticipate a base to be formed at $6 this week. GLTA
1.) Is the STXS ICE catheter exclusive to their system? Very Important. 2.) What is the total mrkt for ICE? Do you know who plays is this sandbox? BSX, STJ, JNJ. Who are the most likely takeout candidates? MDT? 3.) Do the EP's really like a magnetic nav system, radiation reduction? 4.) What is the install base here in the US with STXS? 4.) At current MRKT CAP/ $60M, would it be wise to wipe out StXS for $80-100M? I work with EP's everyday and will get answers to some of these questions but I do believe STXS will survive and see a great turn around although I expect a significant pullback of PPS. IMO
I expect a a buying opportunity around $6 and no I am not shorting this stock. Ask yourself, did you think there would be a 38% pullback a few day ago? Then why not now?
Like I said, if you were in business and CCL/EP Lab everyday you would know the business. $20-25/$200-250M Buyout will happen fast.
STXS has a huge opportunity to grow and is now a very strong buyout target. If you spent everyday of the week in an EP/Cardiac Cath Lab for the past 25 years then you would understand. This is a very established market that is not going away and will continue to grow 15-20% yearly. A $42M market Cap is ridiculous. Look for a JNJ, MDT, STJ or BSX buyout within a year. My prediction, $200M/ $20-25 PPS.