And exactly why is it that this health care is now less affordable to those middle class workers when it should be the opposite?. In theory, if you have more people paying for insurance services, even with subsidized payments, you would expect services to be less expensive, at least this is what normally happens when a new product ( a tv, a computer, a cellphone, or in this case, a health insurance program) is mass produced in the market, but you know why is happening the opposite?, it is because of the basic demand versus offer rule of capitalism: the greater the demand, the bigger the prices because the capitalists want to take advantage of this greaterr demand for these services ( in this case the insurance companies and the health services providers, hospital, physicians, pharmacies, etc). So, am I out of my mind?, don't think so..
Herr drjohn, it looks like you are one of the privileged belonging to the scant 5 to 10% class of "successful" entrepreneurs or professionals ( like medical doctors, perhaps?) who has stolen their way up to the top of the socioeconomic pyramid of capitalism. The utopic scenario you are painting is just an illusion to the immense majority of inhabitants of this country, who have to work from 8 to 5 every day of the week, if they are lucky enough to have a job, and many of them even have keep two different jobs just to make ends meet, who have lost their homes to foreclosure in the last real estate bubble. And don't talk about capitalism being a source of jobs: by definition, capitalists will only provide jobs if those jobs mean enough profits to them, period, otherwise none. For every dollar a capitalist may pay expend through a job, he or she must make three or four dollars at least. And what do you think was the reason behind the need for this affordable healthcare reform? The greedy private health insurance companies coupled with the astronomically high costs of health services, the highest among all nations in the so called "Western world", which leaves millions of people unable to receive any decent medical care because they simply can't afford it. And what do you think was the cause of the present economic crisis with the government forced to pay billions of tax dollars in "bailouts" to prevent the collapse of several key banks and companies ? Don't you agree that it was basically the attitudes toward " letting the capitalism balance itself or let us not regulate capitalism" that the former administration staunchly championed?. Dorry, but his is the hard truth , this is the hard reality of this society and everything else is just smoke and mirrors..
It's astounding how you Repukans have to dig even in the political and social history of the world to find feeble arguments against anything this president may have done to improve the life of millions of dispossessed Americans, both in the economical and in the health arenas. You don't know what else to invent to smear his image calling him a communist and now a dictator while conveniently forgetting all of the appalling things his predecessor did while occupying the White House, like for example the disastrous foreign wars and the worst economical crisis since the Great Depression, or is that something that we should also blame on the "dictator" Obama?. When was the last time that you fascists came with something even remotely close in terms of social justice, to the health reform that this government has pushed, against your staunch and inhumane opposition at the Congress?. Apparently the 45 million Americans that were destitute of any health insurance didn't mind a rabbit to you because your only interest is precisely to defend the interests of the rich and powerful as it always has been.
This is just the dump phase of the duo, later it will come another pump section if they haven't been accused by the feds by then. I also received their pumping literature but having fell for this kind of scam in the past, didn't take the bait this time. I remember the case with Deep Rock Oil and Gas, DPRK, another scam of this type but they were grabbed by the federal and the main criminals behind it are today behind bars plus their assets were seized and a prorated reimburse was granted to the investors who could prove they had a loss as a consequence of it. I was one of those fortunate investors and after more than two years was able to recover almost a 40% of my loss, much better than nothing. What I still don't understand is that since most of these scams follow an almost identical pattern, why the authorities are only able to prosecute ( and most of all, prevent them to continue happening) such a small fraction of them?.
Yes exactly, one SOAB #$%$ was tipped by another SOAB insider and started the stampede. Until more of these #$%$s are put at the same place where the Galleon guy is now( federal jail), they will keep doing the same thing again and again. I don't know how so many common guys ( like me) keep deluding themselves thinking they can swim in this shark infested pool!.
I only hope all of this pre-earnings bullish action doesn't turn to be only another pump and dump maneuver by the WS fat cats.
This sounds like a good explanation of the initial AH drop that was later reversed and it is quite possible that guidance is still the uncertain factor for the big players.
Why price fell so much AH?, could it be that someone knows something negative about tomorrow's earning report and is hurrying to exit before it?. In any case it's not a good omen given the fact that most AH players are the big dogs and they know damn well things we little people don't even suspect.
Everything was going fine AH until Chambers opened his big mouth and said he was expecting a slowdown for the next quarter. Beat on EPS, beat on revenues and even beat on guidance, but this conservative sucker had to spill a bucket of cold water and end the party before it even started!.
Don't exaggerate, it came out short on EPS ( profit), but it wasn't that much and the overall revenues were impressing plus the future guidance is also very positive. Bet it won't open below 75 and during the day it will improve at least a little. This is an excellent chance to get on board!.
Yes, I think this was the perfect scam: a lot of good omen before the earnings just to catch a lot of pigeons....and then they hit hard AH.
I also recommend you to subscribe to Bull Market Reports if haven't already done so. They are quite accurate in their earnings estimates for the key companies in each earnings season, it is not a crystal ball of course, but in my case they have sure helped me. To mention just one example: they were right on the spot with SFLY yesterday ( made a 300% kill with 32.50 March call options) and also with PNRA ( also yesterday) and BIDU ( last Monday). Again: sometimes they are plain wrong ( otherwise they would be a crystal ball, as I said), but many times their analysis is quite impressive.
Don't worry, in several of the past good earnings reports this stock had the habit of going down AH only to reverse, i.e., going up, the next day. Just watch the market tomorrow.
Sentiment: Strong Buy
In order to have an idea of the approximate value of Feb 20 calls tomorrow you have to multiply whatever drop in the stock's price times this option's delta and subtract it from its today's last price.
Monster also said there were going to be "fireworks" on this stock's earnings and he was dead wrong ( well, not so much because it truly got burned).