RMD 4.36% $29.90 resmed inc

Having watched the epic fall in SP and read the comments in this...

  1. 5,841 Posts.
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    Having watched the epic fall in SP and read the comments in this thread, thanks to all for their input.

    In short, I've bought in today @22.24. Not previously a holder. A CPAP user, not RESMED. Sleep study completed years ago, talks with several medicos in this field over the years.

    The SP fall and shorting increase, tells me this is an overreaction and there will be a major short covering, in addition to devotees of this stock buying. Estimated numbers of women who have sleep apnea is alarming but they generally do not get tested. Far lower than men. You don't have to snore to have sleep apnea.

    I may not have found the SP bottom, but this is the 8th week of SP tanking and volumes dropping off.









 
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