For those of you might watch CNBC (also for those who don't) there have been quite a few references to Health stocks as being defence stocks in the coming months/years. As some may know the health system in the USA is expensive, in disarray and being stretched to the limits with man made illnesses. Obesity and its effects come to mind.
Of particular interest was a statement made on Thursday by Dylan Ratigan from 'The Call' which airs on CNBC around 11:00am in NY. The statement made was that and I quote
"... the need for health diagnostic equipment is going to be huge..." (or words to that effect)
The second statement made on Kudlow and Co hosted by Larry Kudlow was that healthcare stocks will be a great defensive play given the turmoil in the current markets.
I always take these comments with a grain of salt however, there have been many references to healthcare stocks coming to the fore in the coming months.
Now
IF
IMI is able to deliver the technology as stated, and
IF
The technology does what is says it's going to do and the executive can deliver, and
IF
The technology is revolutionary and captures the imagination of the healthcare fraternity,and
IF
FDA approval is granted, then
I think this company will go far. Especially considering the huge savings that can be directly made for HBO's and the US Government.
As you can see there are a lot of IF's and that's where people must do their own proper research, however, there is a lot of potential for this company to excel.
As to where the price will be next week next month or year traders can please themselves.
For those who invest in IMI all the best
Cheers
BW
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9 | 6448950 | 0.004 |
4 | 1609426 | 0.003 |
3 | 6452500 | 0.002 |
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Price($) | Vol. | No. |
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0.007 | 7988253 | 9 |
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