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Addus HomeCare Corporation Message Board

  • nycpicker nycpicker Jul 17, 2013 8:53 AM Flag

    It was time for a pullback..............

    This skyrocketed from $4 to $23 in 12 months. Nothing goes straight up. I think it will settle at around $15 until growth of revenue and income are proven.

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    • with two up days in a row, the market has spoken. there are buyers at this level. I expect a slow climb to 23-ish over the next few weeks. If it touches 50 dma I will be adding.

      Sentiment: Buy

    • I agree that such a wild run up with a downgrade triggered the dive but the numbers are still good. There is no reason this stock should not recover sanely to 22 in the next month if earnings hold up. A miss would stifle a comeback.

      Sentiment: Hold

      • 1 Reply to zippideedoodle
      • stifle? not hardly, a miss will kill this stock as evidenced by the sell down from a downgrade with a price target could wake up and be 20,30% or more down.
        That said until earnings are out there is little other reason to sell this except for the downgrade - which is kind of curious why folks who didn't pay attention to the 16 dollar price target and market outperform rating all of the sudden react to a downgrade to market perform and basically an upgrade to $20 price target LOL- so this is likely to climb into earnings- 22, 23,24 25 who knows. Small float and folks want to own it... .

19.71-0.02(-0.10%)May 27 4:00 PMEDT