UnitedHealth Group, a complete sh*t show of a company. The CEO gets murdered, public sentiment towards insurance companies remain at an all time low.
Is this business salvageable? Well, we now have the veteran CEO return to his former job, he was already on the board and understands the company and industry well.
Can the experienced CEO save this sinking ship? Or will all the rats on board sink, drowning investors along with it?
Nobody knows, that's the truth. And if they do know, no amount of insider buying will save the stock when the selling occurs. It could end up like Enron. I am watching the chart on this very closely. There is a potential huge reward from a return to normality for this business, that is only if you believe.
They will be able to repice their premiums later this year around September/October. Margins should improve over the long turn, this could be one big panic. It remains to be seen. For now we are in a brutal downtrend, any brave dip buyers may be rewarded only in the long term, at buying at any level between here down to $200 DCA.
Not financial advice, do what's best for you.
Is this business salvageable? Well, we now have the veteran CEO return to his former job, he was already on the board and understands the company and industry well.
Can the experienced CEO save this sinking ship? Or will all the rats on board sink, drowning investors along with it?
Nobody knows, that's the truth. And if they do know, no amount of insider buying will save the stock when the selling occurs. It could end up like Enron. I am watching the chart on this very closely. There is a potential huge reward from a return to normality for this business, that is only if you believe.
They will be able to repice their premiums later this year around September/October. Margins should improve over the long turn, this could be one big panic. It remains to be seen. For now we are in a brutal downtrend, any brave dip buyers may be rewarded only in the long term, at buying at any level between here down to $200 DCA.
Not financial advice, do what's best for you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.