Hondo1944

CryoLife: Value Stock in an Almost Recession Proof Sector

On Jun 17 02:39 PM Hondo1944 wrote:

> I have been trading CRY for over 6 years+, and I too think (Know)
> that it is undervalued. Cryolife was at one time trading in the 30$
> range, and steadily in the 20$ range before they got involved with
> lawsuits. Like you said the lawsuits are now way behind them and
> they have learned their lesson from the lawsuits that make them better
> protected from them in the future I believe. Cryolife stock is day
> traded alot and fluctuates due to this type of trading. People like
> myself know that the stock is worth well over 12-15$, and but it
> at a average of 5-6$ or less and sell it at $12+ to take out my profit
> and hold shares in a free state in doing so. I believe alot of people
> do this type of trading and create the flucuation you speak about.
> The fact that the Market also took a hit recently and alot of institutional
> account sold alot of holdings also had something to do with a sell
> off. As Institutions get back into the Market I believe that CRY
> will be their buying choice based on our mutual belief and hold a
> better price range in the teens. But, again day traders have this
> one on their radar and can create the 5-12$ ranges over and over
> again.

CryoLife: Value Stock in an Almost Recession Proof Sector

I have been trading CRY for over 6 years+, and I too think (Know) that it is overvalued. Cryolife was at one time trading in the 30$ range, and steadily in the 20$ range before they got involved with lawsuits. Like you said the lawsuits are now way behind them and they have learned their lesson from the lawsuits that make them better protected from them in the future I believe. Cryolife stock is day traded alot and fluctuates due to this type of trading. People like myself know that the stock is worth well over 12-15$, and but it at a average of 5-6$ or less and sell it at $12+ to take out my profit and hold shares in a free state in doing so. I believe alot of people do this type of trading and create the flucuation you speak about. The fact that the Market also took a hit recently and alot of institutional account sold alot of holdings also had something to do with a sell off. As Institutions get back into the Market I believe that CRY will be their buying choice based on our mutual belief and hold a better price range in the teens. But, again day traders have this one on their radar and can create the 5-12$ ranges over and over again.