CSL-sentiment change

CSL has fallen from $54 since January. There have been four negative factors involved
1. Since Sept 11, Americans have been donating blood in the national cause, blood is a commodity in America, and the price has collapsed
2. CSL bought the rights to Sandoblobulin in Europe. the original owners however held huge reserves of globulin which they are releasing onto the market
3. CSL has interests in America and Switzerland, they seem to be on the wrong side in the currency variations
4. Growth forecasts have been drastically cut back, and growth stocks are out of favour

Todays announcement concerning a vaccination again HPV (read genital warts), might just change that negative sentiment. Cervical cancer may be considered a sexually transmittable disease. A vaccine against HPV would be a big winner. It might even mean the end of pap smears, one of the great joys of being a woman

Picked some up today