Open Question
B-B-B-B-B-B-B-Boooyaaaahhhhhhh everybody, especially C-C-C-RAMER!
First of all, I am new to the whole stock market scene and I must say, after I
watched Cramers TV show for 1 day, I got immediately hooked. Got me a online
brokerage account, ordered REAL MONEY and MAD MONEY at Amazon and now , 2 weeks
later, I have 15% more money I had 2 weeks ago :)
Anyways, this is my question. Cramer believes that Hologic is the "greatest
women's health care company on earth" and he also says that there is a possible
merger with Cytec. But I read that Hologic is facing a possible lawsuit
according to bizjournals.com
That kinf of makes me nervous, what should I do? Keep HOLX (which I bought at
61.95) or Sell it? Or should I start selling some of it? Thanks in advance
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Thank you adam !
I just read some more news about it and as I thought, the possible "threat"
wouldn't harm HOLX in the near future.
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These lawsuit threats come up all the time--I don't think there's enough details
out there to determine the merit of the lawsuit or if losing the lawsuit would
substantially affect their business. Until then, I'd hold tight on the
position.
But your risk tolerance is what matters here.
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