I am seeing an opportunity to add to my relatively small holdings on this stock. With this volume, I suspect that some insiders are dumping their cheap shares, perhaps stock options that were exercised. This stock is so undervalued fundamentally, and should sell for well over a buck within a year, my opinion only.
Have you guys seen the report that came out today by Tobin Smith of NBT Equities. He explains some things that are supposedly buried in Obamacare that he feels could position this public company more advantageously than others in the segment.
Here is just a brief excerpt...
"Qualifying for the PTS Exception will be a very BIG win for UGHS...and many of the few other publicly traded hospital operators don't qualify due to equity capital requirements...which is a double win for UGHS shareholders.
ObamaCare bummer #2 for physicians — physician owned free-standing healthcare facilities like Ambulatory Surgery Centers, Diagnostic Imaging Centers, Physical Therapy and Rehab facilities get their reimbursement rates CUT under ObamaCare or fixed at extremely low reimbursement rates.
However — if those private practice physicians sell those facilities to an UGHS acute care hospital and become a hospital owned outpatient department (HOPD for short)...reimbursement rates ARE different (read BETTER) under an acute hospital license under ObamaCare...plus the UGHS host hospital benefits from the HOPD referrals for in-patient care."
Agreed, however I doubt the insiders are dumping. I do think Value Funds are getting in now at these levels, I mean who else could of bought 2mm shares in 1 day? I believe there are some docs in at very cheap prices taking some $$$ off the table... rightfully so. I am happy they did, gives me a chance to buy some shares here (been accumulating in the $0.35-0.38 range). Take a look at their presentation on their website... should spell where they are headed and give us an idea how well they did in Q4. I highly suggest everyone to go see them at a conference (I did). They have been very active with road shows and spreading the message to the public. I expect 2013 to be an amazing year for these guys.. especially with their newly acquired Dallas hospital. I wonder what impact it will have to their financials? Onward and upward from here.
I agree with u stock junky......however, they are going to have to make more acquisitions......one meaningful hospital acquisition per year hardly qualifies as a growth company.....they need to make hay while the sun shines...they need to move faster....l