Miracles can and do occur
[click to enlarge]
Yes, I realize I should have said something about these shares 6 1/2 years ago, but I didn't even know you then, leave alone this company. And anyway, who is to say the shares will not continue higher, even from this seemingly elevated price? That certainly appears to me to be the case in this instance...
Option Care provides infusion therapy and other ancillary home healthcare services through its owned locations and through its supporting franchise network. These activities are very similar to another company I owned in the early 90s (RoTech Medical/ROTC;since bought out), and that made me lots of money. As a result of that investment, I know and understand well the field of home infusion therapy. Needless to say, it is a money-maker -- within the confines of medicare reimbursement, etc.
I will not dwell on this specific opportunity because it is not for every investor. But it does serve as an example of a type of opportunity I buy for both trades and investments. OPTN trends higher, and declines such as last Friday's reversal -- caused solely by the reversal in the market-at-large -- represent buying opportunities. I bought shares on Monday, and more on Tuesday. At some point, the shares will reverse and begin anew (most likely) another intermediate term base. But having only recently emerged from its last intermediate term (6 months) base at ~$12.50, it is unlikely to do so from the current price.
<< Home