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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.210+0.1%1:00 PM EDT

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To: richardred who wrote (2875)5/9/2013 10:20:02 AM
From: richardred  Read Replies (2) of 6657
 
New buy today: OFIX -A revisited buy today on the haircut and downgrade. Looking for a dead cat bounce. 30 million coming in from an insurance settlement next QTR. should help with a buyback program to help support the stock price down the road. Interesting enough, in the medical device field. Only yesterday ICUI has decided to possibly put itself up for sale. I suspect we will see a lot of struggling medical device companies merging or being acquired as they will be dealing with sinking margins, lower reimbursements, and the medical device tax.
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