CAMH....worth watching

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  • jblaze71
    replied
    Tatnic,

    I believe this stock is a $1.5 down, $27 or more up. The fact that insurance companies have agreed to may for the test is huge. Once the cardiologists start implementing it's use it will take off. The chart is irrelevant at this point because the big move will not come for at least 6-12 months. And not to speak for Jim or NBB, but I think we all want in on a low cost basis.

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  • Websman
    replied
    FYI - The VTP indicators are bullish on CAMH

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  • Jim Smith
    Guest replied
    So typical of boards

    I've been trading 15 years and posting since AOL started.....But it's typical of freakin boards.....There were plenty of times to buy CAMH under $2, then months of time under $2.60......No one paid attention, or almost no one, to my many posts regarding CAMH.....Now, CAMH is charging and its $3.50....No longer the basement bargain but still great, IMO.....Now, those who didn't buy at the bottom cuz it looked like crap won't buy up here cuz it looks overbought....There's those who are never going to buy it no matter what but will do their damndest to throw mental hurdles in front of those who do....Is it to make themselves feel better about missing the move or is it some real altruism. I don't think it's the latter.

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  • Jim Smith
    Guest replied
    Thanks for the wisdom Tatnic

    But save it for someone else....I don't need negativity from anyone on this....My cost basis is around $2.85......I will hold on the pullback.....I see sideways action on this, not a pullback. CAMH is a good speculation and I think it's going to be a homerun.....

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  • New-born baby
    replied
    Originally posted by Tatnic View Post
    this stock is overextended currently and will pull back....the question is, will you hold when it does? Remember that guy who felt so strongly about vphm that he mortgaged his house (he had 2 blocks) to load up on it when it was trading around $20? We never heard from him again. My point being that you cannot predict the future but it always, always looks rosey when the chart is bullish.

    Now maybe you were buying when the chart wasn't so wildly over-extended, I seem to remember you talking about this one a few weeks ago.
    Tatnic,
    Yes he mentioned CAMH probably since January. He's mentioned it many times.

    And yes, anything can happen in the markets. But since I hold the stock, and Blaze, and Jim has a boatload of it, let's hope it goes up!

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  • Tatnic
    Guest replied
    Originally posted by Jim Smith View Post
    This is my full allotment. I really liked the way CAMH came back at the end of the day to finish nearly unchanged on such a horrific day for just about anything medically related. I did buy today to bring me to this total.
    this stock is overextended currently and will pull back....the question is, will you hold when it does? Remember that guy who felt so strongly about vphm that he mortgaged his house (he had 2 blocks) to load up on it when it was trading around $20? We never heard from him again. My point being that you cannot predict the future but it always, always looks rosey when the chart is bullish.

    Now maybe you were buying when the chart wasn't so wildly over-extended, I seem to remember you talking about this one a few weeks ago.

    Leave a comment:


  • New-born baby
    replied
    Originally posted by Jim Smith View Post
    This is my full allotment. I really liked the way CAMH came back at the end of the day to finish nearly unchanged on such a horrific day for just about anything medically related. I did buy today to bring me to this total.
    Congrats, great call, and mucho profits to you (and me). I like this one, Jim.

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  • Jim Smith
    Guest replied
    I am holding 20K shares CAMH

    This is my full allotment. I really liked the way CAMH came back at the end of the day to finish nearly unchanged on such a horrific day for just about anything medically related. I did buy today to bring me to this total.

    Leave a comment:


  • New-born baby
    replied
    Jim

    Here's your buying opportunity.

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  • New-born baby
    replied
    Originally posted by jblaze71 View Post
    NBB,

    I do own CAMH. I believe like Jim does that it's risk/reward ratio is huge. If this does get adopted this stock will sky rocket. Like I have said the literature is pointing in a positive direction. I do disagree with Jim on the fact that patients are worried enough about ICD's to not undergo the procedure. Most people that need ICD's do not have much other choice unless they have a reckless money hungry doctor who just wants to up their procedures. They may worry but most cardiologists are able to talk their patients into the procedure. So I don't think that this is the reason CAMH has been held down to this point. Unfortunately in medicine because of multiple problems with drug testing and physician sticking to the way they were trained, most physicians are against adopting new testing until it is widespread. I do think that Americans love more tests that are going to tell them if they actually need a procedure and this is why I think this will get adopted rapidly. I am not as high on the projections as Jim but within 2 years if this takes off, I figure that probably 1 million tests will be performed a year minimum, you could get a $30 stock. Just a thought because it is hard to figure their earnings when they have yet to hit the black.

    BTY Greenville is a wonderful city. Have been here 4 months.
    Blaze,
    I don't do FA (fundamental analysis), so I really appreciate your insights. Another FA medical genius on this board is Jiesen. I call him 'Jiesen the Genius' because when he calls a medical stock alert, one does very well if he just follows his lead. Glad to have you on board here, and I trust you'll profit from the exchange.

    The CAMH chart reads nicely to $8.50+ at this time. I am watching that possible double top at $4. A breakout there is going to be very nice.

    Leave a comment:


  • Tatnic
    Guest replied
    Originally posted by DSteckler View Post
    Branson, huh? Eat at Lamberts a few times and you'll have need for the procedure! <g>
    Hey Dave...hope you had a nice vacation....shouldn't you be re-opening your old thread and getting back to work? I can't speak for everyone, but I miss the cigar smoke!

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  • DSteckler
    Guest replied
    Branson, huh? Eat at Lamberts a few times and you'll have need for the procedure! <g>

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  • jblaze71
    replied
    Camh

    NBB,

    I do own CAMH. I believe like Jim does that it's risk/reward ratio is huge. If this does get adopted this stock will sky rocket. Like I have said the literature is pointing in a positive direction. I do disagree with Jim on the fact that patients are worried enough about ICD's to not undergo the procedure. Most people that need ICD's do not have much other choice unless they have a reckless money hungry doctor who just wants to up their procedures. They may worry but most cardiologists are able to talk their patients into the procedure. So I don't think that this is the reason CAMH has been held down to this point. Unfortunately in medicine because of multiple problems with drug testing and physician sticking to the way they were trained, most physicians are against adopting new testing until it is widespread. I do think that Americans love more tests that are going to tell them if they actually need a procedure and this is why I think this will get adopted rapidly. I am not as high on the projections as Jim but within 2 years if this takes off, I figure that probably 1 million tests will be performed a year minimum, you could get a $30 stock. Just a thought because it is hard to figure their earnings when they have yet to hit the black.

    BTY Greenville is a wonderful city. Have been here 4 months.

    Leave a comment:


  • riverbabe
    replied
    Originally posted by New-born baby View Post
    Unfortunately, no. Are you from Greenville?
    Nope. But I met him in another city and once, on a trip to Greenville, drove by his shop (on purpose). Long story. I'll never forget him because he said Sedrun rhymes with "Excedrin." His private joke he probably told everyone on earth.

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  • New-born baby
    replied
    Originally posted by riverbabe View Post
    I once knew (quite well) a furrier from Greenville, named Sedrun. Owned a shop pretty near the center of town. Did you know him?
    Unfortunately, no. Are you from Greenville?

    Leave a comment:

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