HUM traded at 59 and change in July. In Dec. it was 64 and change. Earlier this month, 81 and change. This morning 69 and change. With 60 something per cent of its revenues derived from the very federal program that major cuts in have just been announced, it will be interesting to see how low HUM goes. July's level? Dec.'s level? We'll have to wait and see.
I would agree and that is why I exited last week early, I could see this coming with sequestration cutting rates and Obama intending on cutting them more. It will take some real action in congress favorably to get this going again. On sides lines here.