Do you think that they were dropping the price on stupid news so they could load up on shares before the health care vote? Then move the whole health care sector up monday morning after the vote passes in the house on saturday. Average volume 8,700,000, 185,000,000 on thursday. Looks like a carefully planned drop on stupid news and subsequent buying spree after price dropped.what do you think?
All the insurance companies in hlth care are watching there share prices fluctuate on news on the hlthcare. There is a clause that states ALL who receive premiums must spend 85% of the money on the members that are participating in the hlth care insurance. The Dems have the numbers in both houses and regardless of protest have 70% of the population IN FAVOR of hlthcare according to polls. With CVS owning Caremark a health care insurance company this MIGHT explain the selloff of CVS stock yesterday.GLTA