Possis Medical, Inc. (NASDAQ:POSS.DL)
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The Company is a developer, manufacturer and marketer of medical devices, operating in one business segment.
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The Company is a developer, manufacturer and marketer of medical devices, operating in one business segment.
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POSS is trading at a price to earnings ratio of nearly 500. Selling at 4 times book value and is technically overbought.
Feb 11th they announced that they were being aquired by Bayer (BAYG.DE) for $19.50/share. The guy wanting the miracle got it.