URGENT OPINION ON CRH NEWS AND TRUMP DECISION...BAD YES/NO?Good evening, not sure if anyone is online tonight but I was watching MSNBC and noticed this news hit the wire
TRUMP TO END KEY ACA
https://www.washingtonpost.com/national/health-science/trump-to-sign-executive-order-to-gut-aca-insurance-rules-and-undermine-marketplaces/2017/10/11/40abf774-ae97-11e7-9e58-e6288544af98_story.html?utm_term=.ba973c600740
I recall in this CRH news release in August where they state
"the ACA reform in the United States may have an adverse effect on our business, financial conditions, results of operations and cash flows and the trading price of our securities;"
https://www.newswire.ca/news-releases/crh-medical-corporation-announces-results-for-the-three-and-six-months-ended-june-30-2017-638172943.html
So I assume no one has thought of this yet and maybe I only have a quick window to get out before this has a major hit on the stock price...or do the longs think this is not a big deal and they will survive? Not being American how will this impact things in the US?
Looking for REASONABLE discussion NOT the sky is falling or everything is rosey.
Maybe a best case worst case on how this will impact us?
Hoping to get some good comments before market open
Of all days Friday the 13th
I have been long but if I can avoid a 10/15/20%+ correction I would.