Obviously not, as evidenced by the institutions that "recently" moved into this stock. Yours Truly has had this through the Pioneer Behavioral Health(PHC) buyout. Original cost for those shares was $ 0.67/share, which obviously was re-adjusted for the buyout tantamount to a reverse split kinda pricing. Been selling tiny pieces of this all they way up from $ 9 or so. Still have over half my position but with so little info about ACHC, I'm leaning toward reducing my holdings. Not many people know about or much about this company. The stock has moved so far so fast since the PHC buyout that it is somewhat extended. You have any more thoughts?
Earnings met this time but did not exceed. Growth rate is still 48-52% but the anal-ysts actually wanted more. The problem as I see it is that Mr. Market is about to get a stomach ache and it is time to cash out and get back in right around $24.00