Monday, September 17, 2007

 

Fly Musings: BSX

When will this stock bottom?

This has to be the worst managed medical device company in the history of medical device companies.

However, it's worth noting, rockstar fund mangers at Paulson and Co. took down 32 million shares of BSX-- according to the 6/30 filings. I say 'rockstar' because one of their funds is up 400%+ this year.

Needless to say, their time machine is working, just fine. Perhaps they know a little something about drug coated stents.

Worth a look.

Comments:
Anybody familiar with the story at VOLC? Supposed to be an up and comer in the medical device industry.
 
BSX looks like it's already bottomed.

Someone bought 14mm shares plus in a two minute period on the 12th. Maybe your boys.

Prolly a buyout sitch, I'm expectin'.
 
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