WOW! Someone just dropped $ 50.00 and bought 500 call contracts Nov 8 . Someone will be extremely wealthy in 2 weeks! NOT.
Market does not always behave the way you expect it to. No matter what happens with the turnaround of this company, the fact still Paulson and company want to sell their shares and exit. Paulson made a lot of gains this year betting on gold and I think he will try to offset these gains by dumping the losers in his portfolio by the end of year. That is the reason why the stock can not keep the gains with all the good news lately. Insiders know this, so they will not be buying anytime soon.
Wrong. Paulson and other hedge funds owne a lot of shares. They can not be shorting. Short interest in BSX is less than 3.5% .
This is not a turnaround story. They are not using the cash to reduce the debt. they are planning more aquisitions. 2011 EPS is lowered by 6 cents and revenue is declining.
A lot of institutions are trying to exit the stock. In order to prevent a stamped and a price collapse like the one before the earning announcement, the MM keeps the stock artificialy high. Just check the option market, no activities and not much premium.
Keep on dreaming with your wishfull thinking. The way to make money from this POS is to short every spike. No company will be interested in buying this POS with so much debt and insiders selling.
I am not going to stoop to your level and start calling you names and the last time I checked you don't own the MB, so get lost.
I must of touched a nerve here. I am short this stock, just like Peter Nicholas. I am not misleading anyone. I am putting a counter argument to all the cheerleaders on this MS that post about a takeover without concrete evidence. They are misleading you and others who buy in hope to double your money in a short time. Whatever I post here is not going to have any effect on share price because the majority of shares are held by institutions, but what the pumpers say can make you lose money. I am not nervous about my position becuase I have Peter in my corner. By the way, I do not know of any company that was bought during the time of heavy selling by insiders. I do not beleive of forced or planned sale. When the insiders stop selling, I will stop too.