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Permalink Reply by Mike on January 11, 2011 at 4:09pm

by the way, the significance of Zeo i think at a macro level is that they're the first of what will certainly become many consumer-facing sleep technology companies.

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Permalink Reply by Mary Z on January 11, 2011 at 4:22pm

What I like about ZEO is the emphasis on good sleep hygiene and helping a person get a good nights sleep.

I wish them luck in their new markets, quite a coup.

Mike said:

by the way, the significance of Zeo i think at a macro level is that they're the first of what will certainly become many consumer-facing sleep technology companies.

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Permalink Reply by gordon on January 11, 2011 at 9:10pm

Resmed is selling off. It's profit-taking. Here's the chart:

http://stockcharts.com/h-sc/ui?s=RMD&p=D&b=5&g=0&id...

 

S&P has RMD making $1.47 in this fiscal year, it ends in 2012, my baseline valuation for J&J or any medical stock is 20times earnings, so I will go on record here saying RMD is worth, basically, 20X1.50= $30.  That was the post-split price. The S&P report says 80% of their business is not affected by Medicare/Obamacare, they continue to dominate. They have about $560mil cash and about $250mil debt, but only about $17 mil is longterm debt, some of that is accounts receivable, but I'm buying 50 shares at 32, and more at 31, the estimate for earnings near end of month is 37 cents, I bet they make .40, they always lowball.

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Permalink Reply by gordon on January 11, 2011 at 9:27pm

Not to make this into an investment board, but I don't want anyone to lose money. Here's the chart of Resmed (symbol=RMD) and look at the top RSI (relative strength indicator), it needs to go to 30 or below before I buy, then you know it's oversold. Now, look at the bottom, I've shown you slow stochastic indicator. That's also bottoming, see where it's turning up? (slow STO)  , this tells you when buying is coming back in the stock (not yet) $32 or below is good. Often the traders will only let it get to say...32.05 and reverse it. fyi.

http://stockcharts.com/h-sc/ui?s=RMD&p=D&b=5&g=0&id...

and yes, it could hold the 32.42 200-day moving average, but I expect it to overshoot.

I guess it's revenge to make money off the stock, since they gouge us on DME :~)

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Permalink Reply by Mike on January 13, 2011 at 10:25am

we welcome the finance related talk related to RMD. i'd like to cover anything and everything related to Apnea on this board.  and where the stock is going is relevant. at some point, where the stock is at has to tie back to the prospects of the company.  and the prospects of companies in the SDB market effect us all, even if we're unaware of it.

gordon said:

Not to make this into an investment board, but I don't want anyone to lose money. Here's the chart of Resmed (symbol=RMD) and look at the top RSI (relative strength indicator), it needs to go to 30 or below before I buy, then you know it's oversold. Now, look at the bottom, I've shown you slow stochastic indicator. That's also bottoming, see where it's turning up? (slow STO)  , this tells you when buying is coming back in the stock (not yet) $32 or below is good. Often the traders will only let it get to say...32.05 and reverse it. fyi.

http://stockcharts.com/h-sc/ui?s=RMD&p=D&b=5&g=0&id...

and yes, it could hold the 32.42 200-day moving average, but I expect it to overshoot.

I guess it's revenge to make money off the stock, since they gouge us on DME :~)

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