HealthCare... some issues may still be running a fever
Article Abstract:
Insiders are getting out of shares due to the stabilization of prices in many fo the HealthCare issues. However, in this type of market environment chasing is would not be a wise decision. It is more advisable to wait for a target stock to go back to the insider buy-price before acting. Moreover, staying where insiders are buying woukd be less risky all around. This is due to a distinct division within the industry between companies showing accumulation and those showing distribution.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Medtronic Inc
Article Abstract:
Medtronic Inc belongs to the medical supply/healthcare sector. The issue suffered a decline from $103 in Nov 1992 to $53 in Apr 1993. Seven insiders took advantage of the low prices by accumulating 4,200 shares at the $56 to $58 range. The stock was pegged at the $67 area, as of late May 1993.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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