Health Care Stocks Up Since MLR !

[Yagents]

I really don't know what to think. Either the stock market has got it wrong, or we do. If you look at UNH and HUM over the past 3 days, the stocks are up 3% since the MLR news came out. The market obviously feels the MLR's were not that onerous, or better than expected. But why bid up a stock when you know exactly what the profit margin will be in the future, with known caps and potential refunds. Or, you can look at this favorably as an agent, since it's presumed by the market, that there will be more money floating around at these firms...to direct our way. Or maybe, they found new money because they have an excuse to cut us out of the picture.

Sell the stock? Buy the agent?

 

[Yagents]

Humana (HUM) stock was under $20 at the time PPACA was signed into law. When I wrote this original post, it was $50 a share.

Care to guess what it hit today?

 

[GreenSky]

Humana (HUM) stock was under $20 at the time PPACA was signed into law. When I wrote this original post, it was $50 a share.

Care to guess what it hit today?

$1,783?

Am I close?

Rick

 

[Yagents]

$1,783?

Am I close?

Rick

Divide that # by 18.798 and there yah go

 

[GreenSky]

Divide that # by 18.798 and there yah go

I still get $1,783. What am I doing wrong?

Rick

 

[Yagents]

I still get $1,783. What am I doing wrong?

Rick

You're using a democrat calculator.....it adds a 0 to everything