CAMH....worth watching

[New-born baby]

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.

[New-born baby]

Jim

Here's your buying opportunity.

[Jim Smith]

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.

[New-born baby]

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.

[Tatnic]

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.

[New-born baby]

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!

[Jim Smith]

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.....

[Jim Smith]

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.

[Websman]

FYI - The VTP indicators are bullish on CAMH

[jblaze71]

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.

[Websman]

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.

I must agree with your statement.

True, my VTP indicators are bullish on this stock, but this is a long term indicator. I may buy it, but only if I get a good entry.

[jblaze71]

All the neysayers were right. I can't take a down .20 day. I'm getting out

[Jim Smith]

RSI over 70

there's going to be profit taking.....November 15th is the release of the 5 year study between St Jude Medical and CAMH referred to as the ABCD study....as I understand it, it's the big enchilada....

[New-born baby]

All the neysayers were right. I can't take a down .20 day. I'm getting out

Wow. I guess today all the weak holders got shaken out. Hmmmm.

Looks like a double to me. Why not hold 100 shares anyway?

Hey, did you get shaken out of HANS? Yesterday HANS fell $4.41 or so; Dow Theory says she'll fall at least another $4.41. Today's action was a retest of the broken support line. Normal price action.

[Jim Smith]

CAMH .....news

Go to Google news and type in Cambridge Heart.....Read the top story....November 15th is for all the marbles.....if the results of this study are great, we're off to the races....Do you think a new CEO would take the reigns with options priced at $2.60 if this thing was a flop?