I guess I'll step up to the task here since I'm a proud new owner of HMA common stock today:
- capitulation today - capping a route of all equities to the tune of over 25% in 8 trading days - HMA capital structure does not require it to approach capital markets in the near term - More than sufficient liquidity to serve debt and pay expenses - Admissions metrics improving - Bad debt % will increase but nothing new to HMA or any other hospital. - When the immediate crises of confidence passes and investors get a handle on whats out there HMA should get in the way of a few dollars coming back into the market
I wouldn't want to be short at this point in the game - upside risk much greater with a 500 million market cap. GE reports tomorrow and with tech reporting next week traders will begin to realize that the world is not coming to an end.
I'm not a real good pumper but just trying to inject just a little be of reason. When it looks to good or bad to be true it usually is.