What to do with INAMED (IMDC)?
For those of you who still have IMDC, I think I am going to hold on to it for a bit longer and go ahead and see what happens. Basically it comes down to two things: 1. Don’t want to pay higher taxes on the earnings since I bought some less than a year ago. By not selling and taking the new stock, as of today, that would be worth more. AGN is at 108 so 85% of that is obviously worth more than the $84/share to sell out. 2, Baby boomers. The company buying IMDC, AGN, is famous for Botox, that’s about all they do, I think. However, this purchase is ideal because of the beautification synergy: face (botox), stomach (stomach banding), boobs (silicon inserts), thereby offering a complete body fix. I am hoping that some of the baby boomers will use their disposable income for keeping themselves young. At the same time, AGN stock has been flat for some time—maybe that’s why they are buying IMDC (you know, for a financial boob job so to speak) Will IMDC help? I am going to say hold for a couple months, but be weary. After the acquisitional swelling goes down, we might either see a new improved AGN or not. IMDC’s growth might just have been deflated by this acquisition.

0 Comments:
Post a Comment
<< Home