I bought CALM for $1.21 per share 19 years ago. Up about 4000% + dividends.
Management of this company is absolutely superior.
Longs explained as you requested.
See "Health Insurers Are the New 800-Pound Gorillas." under news.
1. Debt too high in an environment where interest rates likely to rise later this year.
2. Cash too low relative to business.
3. Debt covenants risks.
4. Questionable business model.
I switched to Cal-Maine Foods, Inc. (CALM) -Nasdaq 46.85 Up 0.34(0.73%) 12:20PM EST
CALM is a 2.27B egg company with $397,720,000 cash with a 3500%, 19 year growth rate history not including their nice dividend. CALM produces those cage free eggs.