Stock price when the opinion was issued
Medical devices. This is probably one of the better corrections as it has had a phenomenal move. There is a dearth of news on the company. They have FDA approval. Things are kind of slow in hospital orders in the US at the moment. This sounds like an opportunity. A great investment for a retail investor who doesn’t have all that much money.
This kind of collapsed in a mysterious way in July. Thinks it went too far, too fast. Wait for the recovery for the company to get its nose and head down and get working on the products, and selling into the US hospital space. Have new products and they are getting serious. Thinks it has now stabilized. Speculatively, it could easily double in the next 12 months.
Have been getting clearance for their spinal devices in the US, England and most recently in Canada. They are in the build process, exhibiting patients, working hard to get into the hospitals, and have launched an additional product. Have about 12 competitors. The stock ran too far, right in the beginning. He will continue to hold.
(A Top Pick Jan 13/14. Down 66.82%.) Had an amazing initial climb based on the clamping of the spinal vertebrae. Probably just had too much of a push. They are now down into the hard work of selling into the hospital systems in the US, which apparently have turned a bit cautious. Have 12 or 13 competitors.
(Top Pick Mar 31/14, Down 70.59%) It went up and then went down. It is competing with 10 or 12 others. It will be much better later. The original run up was just speculation.