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7 pts

Opinion on  CryoLife Inc. (CRY)     Sector: Healthcare  >  Industry: Medical Equipment & Supplies
Long on CRY since 5.30

Aug 24, 2009 06:58 PM GMT
Return Risk
+6.51% LOW
Analyst

I bought CRY on Aug 11. I posted this on my blog on Aug 10: I have been looking for an undervalued stock based on EPS and had it down to just a handful of possibilities. I tried to buy CRY last week when it hit 5.00 but ETRADE wouldn't let me purchase for some reason. I moved the money over to Ameritrade and was able to purchase CRY today for about 5.30 a share. Based on market stabilization and the profitability of this company, I expect it to fully go above 10 a share by Feb 09. Just wanted to give you all a heads up if you are looking for a value stock in the healthcare industry. Again, just my opinion; you should always do your own analysis before buying a stock. ...I think CRY will reach at least 10.00 by Feb 09. I blog at http://tradingstocksplits.blogspot.com


Update 08/28:

Thanks for the comment, I think it was late when I wrote this.  I did mean FEB 2010!  My fault on that one all.


CRY:  This call was made on 08/24/09 @ $7.95
Rating:   Positive   $7.95 (08/24/09)
Gain/Loss:   -21.01% in 170 days
Target:   $10.00 (+25.79%) in Three months


Comments (2)

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rueym   N/A     1 point   commented 166 days ago reply

did you mean feb 2010?

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Dave Brown   N/A     1 point   commented 166 days ago reply

Good catch rueym! I must have been half asleep when I wrote that and didn't even catch it.


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