I agree - when the smart money looks to de-risk their portfolio surely they will throw out just about every other stock before parting with WBMD!
What do you think is the bottom in WBMD? I think its $28ish. Problem is even if they are right on their guidance for the quarter it wont move the stock.
Not sure who the loud mouth is but at the time of this writing it appears at least one other loudmouth is driving the stock under $38 - even lower than where I thought. I see it drifting back to $30 at this point. Too bad Marty - lots of red ink...
I dont own EVDY but the drop was predictable as their lockup expired. But clearly they are eating into WBMD's share. Now is a time to buy.
Wow - company reaffirms to try and boost the stock and the market does not care. Everyone is selling their losers and keeping their winners. Pretty clear which camp this stock seems to be falling into between this and the tender being oversubscribed. I see $34 by EOY.
If you are an investor in WebMD and are just NOW waking up to the fact that Marty and his crew are some of the biggest manipulators, liars, and cheats on Wall St. - with the lawsuits against to prove it, you are asleep at the wheel. Marty probably cant even use a computer but someone he is leading an Internet company to glory! Ha!
Next comes the analysts "reiterating" their BUY to help the old boys out...I would mop the floor at anything under $13 and ride it back to $15 without much trouble.
Company asks for 2M shares and 7M show up! They should just ask for 100% of the shares - they would all tender. No support for a long way down. Talk about a vote of no confidence!!
GOOG makes more money in healthcare advertising than WBMD by a mile. Every media planner maximizes their GOOG budget out of the box without thinking and THEN decides what to spend at WBMD, EVDY and other health media websites. The catalysts you speak about with WBMD could take years and years to achieve, if at all. The risk / reward here makes no sense, nor does the valuation. Enjoy.
No catalyst here. No real growth. Simply put - way too many better place to put my money vs. having it stall out here. Every payor is near a 52 week high. Healthcare leader GOOG is a buy. Even FB will have healthcare related ad revenue that trumps WBMD soon. I think if you want to stay in health media EVDY is a better buy - its dirt cheap and at least is a legit takeout play.
Adios everyone. I hope growth returns - or at least the vision you want is realized before 2050!
When does lockup expire? Are you saying insiders hold nearly 70M shares that will "unlock"? Where did you get this information so I can confirm?
This is classic WBMD. Too bad they are not nearly as good at running the company and producing growth as they are manipulating their shares and bullying their shareholders. I would love to see a squeeze to nail them all!