Need Stock Advice, Should I Buy?

pattystaff89

Active Member
Anybody have an opinion on the stock BSX (Boston Scientific Corporation). It was nearly $45 a share when Bush got re-elected, then it has gone downhill since (makes perfect sense considering where our health care situation is at, along with the war). Right now its about $7 a share. From the buy to sell ratio that i have seen i the past 3 days (post Obama-care), the stock is on its way up. It was on its way up to $12 a share, but then Obama started to make progress with his health care "reform" and everyone got scared to touch the stock. Now that the big "unknown" is known, the stock is ready for increased medical supplies sales, plus the FDA just backed the usage of more supplies from this company. +rep if anyone has done some research on the company and would like to share it, or if you see something in the stock that i don't. :leaf:
 

ifoundnemo

Member
im 19 and have over 10,000 invest in DNR. I also have 2000 invested in Citigroup.

I believe if I sit on em for the next two years itll double my money and make a nice down payment on my first house when i get out of ASU.

Check em out.

In all honesty Ford is a good stock i've been looking at as well, sorry that these don't really pertain to the stock you're looking at, I'm just saying theres plenty of options so if your skeptical, don't do it.
 

thebuttonpusher

New Member
The stock market is a great way to lose all your money if you only invest in the long side.

Since you posted patty, your stock has lost 18% of its value, you lost 18% of your money plus broker fees. If you bought puts, then you made money.
Ford is a pretty decent stock for the long haul. DNR and C have been poor performers.
 
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