|
HUM....a buy or sell here?
02-13-2008, 08:07 AM
|
#1
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
HUM....a buy or sell here?
Is Humana a buy or sell at these prices? I can't yet find the reason for the halt and price drop today. Anyone help?
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-13-2008, 10:54 AM
|
#2
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Thanks for the help guys. I went ahead and bought without ya'. So far, all looks good.
|
|
|
02-13-2008, 11:48 AM
|
#3
|
Recycles dryer sheets
Join Date: Jul 2005
Posts: 113
|
Health insurers tumble after New York AG launches industry-wide probe
HUM is probably one of the bigger offenders for manipulating reimbursement rates. UNH is being investigated, also a big offender. Further investigations may involve HUM so that is the reason for the drop.
Docs on the board could probably give more insight to health insurance companies shenanigans.
(Standard not financial advice disclosure)
|
|
|
02-13-2008, 12:03 PM
|
#4
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Thanks, yeah I finally figured that out, however, I was under the gun as to whether or not to buy. I ended up getting the shares around $66.80.
I think UNH has other problems that may not relate to HUM.
Thanks anyway for responding
|
|
|
03-11-2008, 08:54 AM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Quote:
Originally Posted by Art G
Thanks, yeah I finally figured that out, however, I was under the gun as to whether or not to buy. I ended up getting the shares around $66.80.
I think UNH has other problems that may not relate to HUM.
Thanks anyway for responding
|
OUCH!!!!!!!!!
|
|
|
03-11-2008, 09:03 AM
|
#6
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
Bloomberg.com: Worldwide
Looks like it was driven by WellPoint's earnings forecast... so, if you believe in the stock enough to buy it, then it's worth buying more now!
|
|
|
03-11-2008, 09:38 AM
|
#7
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Quote:
Originally Posted by Marquette
Bloomberg.com: Worldwide
Looks like it was driven by WellPoint's earnings forecast... so, if you believe in the stock enough to buy it, then it's worth buying more now!
|
I'm a technical analyst. The theory I try to live by is, "if your reason for buying a stock has changed, then your reason for holding a stock has changed as well".
It has broken any support line I can find.
|
|
|
03-11-2008, 09:53 AM
|
#8
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
|
wellpoint warned on revenues a few days ago as well
recession means higher unemployment and less covered lives
|
|
|
03-11-2008, 09:56 AM
|
#9
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
I really think our next President will be paramount in deciding how this industry proceeds.
|
|
|
03-11-2008, 10:38 AM
|
#10
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
|
i live in NY state and we have halfway socialized medicine. it's nothing like the nonsense you hear on the news. in fact the catholic church manages a lot of it. it's an HMO that people can buy into, the premiums are based on income and there are deductibles.
any national universal care system will follow this model. massachusets is going as far as to require people to purchase insurance and to penalize them if they don't. it's going to be like driving soon. to live in society you will have to buy various insurance products to protect society from any accidents that may happen to you
|
|
|
03-11-2008, 01:11 PM
|
#11
|
Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
|
Our next Pres. may allow buying insurance across state lines.
|
|
|
03-12-2008, 05:15 PM
|
#12
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
|
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
03-12-2008, 05:17 PM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Jun 2006
Posts: 1,703
|
Quote:
Originally Posted by Dawg52
Looks like a sell now.
|
Good advice! A little late, but still good.
__________________
Emancipated from wage-slavery since 2002
|
|
|
03-12-2008, 07:29 PM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
|
generally the rule is when things like this happen it's for a good reason and it's best to stay away
we have Reg FD, but the pro's still know more than the regular retail investor, they still get some inside info and that is why you have to watch the charts and the volume
average volume is just over 3 million shares, and today's volume was over 64 million. this means institutional investors are running for the exits and you don't want to get in the way. total of 170 million shares and 90 million traded in the last 2 days. stay away from this pig
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|