Sure, but you also know there is a very strong news pipeline here and it's hardly going to dry up in 2-3 weeks time.
People here can't have it both ways... instos are either here for the "long term" or they are not... so, for a long term investor, does the story change if BSX is $0.62 or $0.42? I say not. I also say the FOMC meeting will have no bearing on BSX and that the share price of BSX is mostly driven by company specific news.
Anyway, the CR has been done... and like CTM, I expect a very solid floor at $0.42. Meanwhile, CTM is up 7% while BSX is down 6%... clearly not every investor loved seeing this CR and the market is telling us this.
This creates an opportunity, and I will be adding more BSX.
BSX Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
