WCG--take a look

[TheKinz]

What's up gents?..Long time no posting down here for me. I have talked about Wellcare in the past and still hold a position. Bought originally at $38 and cost averaged again at $20 so a share price of $29 (missed the real drop but was uneasy). Since the bottom (twice) they have cleared up their legal issues paid their fines and have made a nice comeback.

They have been suspended from selling for the past few months but those restrictions should be lifted by end of month or close to that time so they will take part in this season. Look for the stock to jump $5-$10 from here just on that news and you should be able to make some money..

Of course this is my opinion. Due you own due diligence and never follow someones advice blindly.

cheers:toast:

 

[TheKinz]

http://messages.finance.yahoo.com/S...n=19750&tid=39824&mid=39824&tof=1&frt=2#39824

 

[TheKinz]

wanted to post another message board link from WCG. This poster has followed WCG for a long time. He is long. Consolidation?>?

http://messages.finance.yahoo.com/S...n=19750&tid=39828&mid=39828&tof=1&frt=2#39828

 

[TheKinz]

chatter again bubbling about a merger...keep an eye out..

 

[Michelangelo]

Took a position about a month ago Kinz.

Keep us informed please. Thanks.

 

[TheKinz]

you bet...gl to us!

 

[TheKinz]

earnings tomorrow am Michaelangelo...Oh the excitement..Hope they are good could blow us past $30

 

[TheKinz]

earnings in an hour but this is huge news. AH trading last night was almost $29

http://www.healthnewsflorida.org/index.c...
http://www.healthnewsflorida.org/files/1...

 

[Michelangelo]

We're poppin' Kinz. Layers of good news.

Are you holding or taking profits?

 

[TheKinz]

I was tempted if it got to 33 but it did not. Next earnings will be just as good then they will have to give some guidance on enrollment for next year. They have 100 mm in cash that they need to decide what to do with. Strong company. I will hold til next big pop..how about you?

 

[Michelangelo]

Didn't get in 'till 26 on your recommendation. Holding.

 

[TheKinz]

nice day today..Would like to close above $30. I believe this is $50 stock so if all plays out we should make some nice money. Have a good weekend.

PS I also heard some information and I personally do not feel a buyout will happen for a year or two. I could be wrong but that was the feeling a friend of mine has. We shall see.

 

[TheKinz]

steady as she goes Michaelangelo..

 

[TheKinz]

Goldman put WCG on the conviction buy list today. Looks good Michaelangelo..nice pop again today!! You are almost up $10/sh

 

[Michelangelo]

Yea Kinz, I'm very happy. Thank you for putting this post up here.

I did a lot of wrong things over the last year. Was kinda gunshy but after doing a little due diligence I decided to use this stock as my reentry. Would have never done that if you hadn't put me on to it. Not that I'm getting rich here but confidence is an essential ingredient in stock investing, just as it is in sports gambling. Just as it is in so many areas of life. So this stock has helped restore that.

So thank you again.

What was your entry point?

I am not in favor of bigger government Obamacare but if they're gonna rape my pockets one way I figure I'd better have a counterbalance. This appears to be the right vehicle. Of course if at any point it becomes clear that the Gov't option is not gonna pass I would at that point dump the stock for sure.

What do you think?

 

[TheKinz]

I personally think they will be bought up by then..But that is purely a guess.

I cost avgeraged to a price of $29..WCG is still is a $50 stock by the books..Will think about a trade in the $40's maybe..

Don't be greedy..you may want to consider locking in some profits..you have almost a 50% jump. Pretty good trade.

happy investing

 

[TheKinz]

don't want to jinx us Micaelangelo, but boy we are looking good..

 

[Michelangelo]

They are spinning things differently than I read them. I do not believe that the "public option" is gone, just dressed in different clothes. Also the talk of dropping the Medicare eligibility age to 55 should also benefit WCG as I read things.

 

[TheKinz]

I like to read the yahoo message boards. There is often good info. Things look very good for WCG..I would assume there will be some profit taking but who knows. Fun to be on the right side for once!



http://messages.finance.yahoo.com/S...n=19750&tid=40024&mid=40024&tof=1&frt=2#40024

 

[Michelangelo]

don't want to jinx us Micaelangelo, but boy we are looking good..

yep