buying an option means paying more (the premium).
They are also very illiquid so there
is a bid ask
Taken together, it means that in the long run,
options are a very bad strategy.
So if there is a
lot of call open intrest it
means the stupid
money is in control.
I read the release and was struck by the fact
that no corporate names were listed in the discussion
of customers. I'm glad to see it recover some. There
is no doubt that your buddy CL has suffered some
HUGE damage on that one and is desperate. HUM
weathered the storm excellently and QLGC is on the way
back. It's exciting to ride the storm out. We have a
daytrading dufus on this thread that went through a few
tubes of rolaids on Thursday no doubt. I just don't
understand gambling, I try to focus on investing, it pays
off where as gambling is a sure losing strategy. Good
Luck on your Poci and APAT. BUSH to win by 5 points,
you heard it here first. Character counts at least 5
points. Gore just can't seem to garner confidence,
especially at bed time, i.e. story time. GO HUM
The LA Times ran an interesting article re PHSY.
They said the same things Rob and I said, i.e., their
business model is broken and they are locked into losing
contracts for now.
The problem with PHSY's provider
deals is that it lets the fox guard the hen house; or,
the rat guard the cheese; or, the cat guard the
mouse, etc., etc.
PHSY is locked into their Medicare coverage for
next year. PHSY'S medical cost ratio for
Medicare-Choice could increase from approximately 89 percent in
2000 to 93 percent in 2001. IMHO, PHSY is in big
I've been looking at them, and it looks to me
like their business model is broken. They cannot
control their costs, and they cannot raise their rates
fast enough and also remain competitive. It seems they
have some fundamental flaws.
It seems like the
hospitals have taken the power away from them. I think its
a dangerous trend for the industry as a whole. I
don't see PHSY doing anything to restore their
profitability. They must be itching to restore capitating
contracts, but they would lose their hospital base if they
Maybe I'm missing something. I'd like to know what I'm
Nasdaq up over 8%, all stocks up up up and
Tacky's very own AMD plummets nearly a point below 22.
Hahahhahahhahahah, it'll be one slow boat to China before you ever
see your original 42 split adjusted back. Oh and
Tacky, did you look at INTC. Put your money to work.
Considering your long term play (AMD), maybe you should stick
to daytrading for nickels and dimes. Again,
Hahahahhahahah, way to go AMD, do down that is. Hahahahha
James,I like HUM right now because they are
working against weak operating results from previous
year. I worked with the new CEO is a tough competitor
who will turn HUM around. Commercial HMO premiums
have skyrocketed which bodes well for the industry
short-term so I easily see HUM at $15 by the end of Qtr 2.
As for a takeover,why go after them now when you
probably could have taken them over at $5 to $8 six months
ago? Besides,I don't see anyone who wants HUM now.
Buyouts/mergers in this business have gone poorly (Aetna/U S
Healthcare,HUM/PCA) and the industry needs to get back on its feet
from an information systems standpoint before any more
occur.As for who I like,HUM and PHSY are both great buys
right now as I see Medicare HMOs making a huge come
back. Tough to argue with the demographics.
You have been posting on this board for quite a
while. I look in occasionally to see what's new, but it
seems HUM's recovery is coming along slowly. Is HUM
your favorite stock in the HMO industry? If not, would
you be willing to tell us which one is? Do you
looking forward to a take over of HUM or do you think it
will prosper on its own? Thanks