Yep. Seems like Germany just placed a line in the sand. Told Greece here is the deal take it or leave it. Looks like Greece is going to walk away.
I am going to cover one more "base" and be willing to get into Humana at $196. Looking for both Humana and Cigna to get taken over within the next week.
Yep, I'm a greedy little capitalist. But for the industry…in the end will be good.
Simple…you don't put it anywhere except under the mattress. As foolish as it sounds, people would rather lose the interest than to withstand a "correction".
Most people rather conservative when it is their money.
People selling to hide "In CASH" just in case a Greece bailout does not happen. The Greece situation that we thought had a deal a few days ago did not go through.
Once something is decided…ALL stocks will bounce back. Or TANK if the wrong thing happens. So people hiding in CASH
I have to agree with the $190. I was going to put it between $188-$190. I really don't think money is what is holding this up. I think EGO is what is holding this up. Offer was rather solid…just have to hammer out some details and soothe hurt feelings.
Someone knows something.
And shareholders should sue the BOD and the CEO not acting in the shareholders best interest if that was to happen.
I think a $184/share buyout would be approved by the shareholders. I don't know why they did not jump on that unless CIGNA feels that Anthem will easily put in more $$$
Fear that a deal does not happen at all.
You know you have 5 major players. United, Aetna, Humana, Cigna, and Anthem.
What happens if Anthem decides to buy Humana and United and Aetna merge.
Look who becomes the odd man out and loses market share. CIGNA would be the small fry in that situation.
Unless he has a plan to get this to $184 in a short period of time…He is doing shareholders a disservice.
The top people in the company are supposed to be looking out for the interest of shareholders. It is their ultimate responsibility while running a company.
It appears the CEO is either playing a dangerous game of chicken with Anthem…or he knows Anthem will come back with an offer better than $184.
If Anthem drops the deal…shareholders have the right to sue CIGNA
Reality is you will end up with 3 majors (United Health Group, and some combo of the other 4 AETNA, CIGNA, HUMANA, ANTHEM). How those 4 combine themselves…not sure. But you will have 3 majors and some smaller players.
Just a reality in todays healthcare world. Doctors, Hospitals, Nursing Homes will be the big losers. Insurance companies will be winners.
I have no problem with you playing WellCare Health Plans. The Obamacare Act is more or less making consolidation needed in the medical space. WCG is small at 3.9 Billion and its P/E is an unattractive 107.
It probably is not the 1st or 2nd choice to pair up with someone. The big boys pair up first and them the remaining companies will be looked over for what is the next best choice.
If you own it…I would probably keep it. I personally do not own WCG…but I do own CIGNA
I'll sell you my shares in pre market. I'm just in this to make a profit. If I can land $180 or better…I cash in.
No one has heard of AETNA ? It is a 40 Billion dollar company !! United Healthcare…110 Billion. Centene is "Small" at 10 Billion. Humana is 30 Billion. Kaiser Permanente took in 53 Billion in Revenue last year and employs 175,000 people.
You need to get out more if these are companies "No one" has ever hear before.
These are not some Mom and Pop candy store in your local township with 1 traffic light and dirt roads. Please come and join us in the rest of polite society.