Down again today. Wow this thing is a pos. It underperforms the other HMO stocks every single day. The market really really did not like that quarter. I'm close to bailing. This thing just can not get off the mat.
This is probably not usually a good day trader stock. It's better for long term holds since it's well-diversified, has good balance sheets, economy of scale with its huge size, and a proven record to surviving difficult challenges and rapid changes. At least that's what I see looking at how it performed in the past 10 to 15 years.
If UNH is so bad, why did the US government decided to turn over Obama Care to them and England decided to take UNH'S Director of Global Operations and make him head of their National health care system? "Competence never goes un-punished," especially by Wall Street traders. UNH is getting a great discount on share buy-back program.