RE:RE:$45/sh tomorrow?The stock should heal quickly if the market co-operates
1. Great quarter, numbers are fantastic
2. Technicals show a bullish triangle with a short term target of $58-63 when all other healthcare stocks are breaking down by the day technically
3. New acquisition has 60 new product launches planned to which news releases will act as share price catalysts
4. Trading at less than 5 x next years earnings, one of the lowest ratios of ANY stock let alone with its signifigant growth rate. Very minimal downside if any.
5. Short position built at $40, any signifigant buying pressure could cause upward capitulation closing these positions.
i doubt there's any case here for a short thesis left, may be time to put some more cash to work here, if it breaks $40 on volume it can have a great run!