Steve, It is obvious that you have no idea about how the health insurance business works. Good luck on your investments. By the way I hear that there is a bridge to buy and Bernie has a special offering for you to invest in.
Good Luck Steve, at the end of the day don't most believe that HMO's are still the best currently proven vehicle (although apt to get some modification) around which to reengineer American healthcare...JMHO
I hope so Maypo, I really don't see any bogey man but there is always the risk that some Senator will stand up and say "We need to rein in these insurance companies!" and then the stock will tank for a bit. It would be great if some gutsy politician stood up and said "We of the beauracratic class have stolen trillions uon trillions of dollars all in the name of "saving the little guy" how about if we in Washington and all of the 50 bumbling packs of state legislators just get out of the way and let these HMOs do their job?" Good luck Steve
It's going to be a shock if they mark up this legislation next week and it becomes apparent that the HMOs will benefit. Around 10 million short shares will jump out of the way and lend a little panic to the whole affair. The company will buy half a million shares every day as usual and millions of shares will flow to institutions and retailers when it dawns on the general public that no matter what Senators Kennedy, Rockefeller and Harkin say the reality is that the HMOs are the only group of people in the country with the expertise to run U.S. healthcare. Steve