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Premier Health of America Inc T.PSN


Primary Symbol: V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Comment by jstinveston Nov 17, 2012 4:04pm
221 Views
Post# 20614088

RE: RE: RE: RE: RE: Dividend declared and Accounts

RE: RE: RE: RE: RE: Dividend declared and Accounts

face the facts, after the bad report, shorters purpose to sell large amounts at the open to trigger all the stop loss orders knowing that the overall markets were bad that day. That's the real reason the stock dropped more than 60% - it was the stop loss orders triggered by the shorting and compounded by nervous sellers - definitely not base on fundamentals. PSN will continue to be cash flow positive and using peer group multiples as explained in several of the updated analysts reports, the stock should at least be around the $10 mark. On normal market conditions, where people didn't have margin calls, this stock would have dropped at most to the $8 mark and then rebounded back to $10 in the following months. Big drop was due to manipulation by the shorts who knew fully well what would happen due to stop loss orders, margin calls, and the bad market day. Now that all the stop loss orders are gone and margin calls not a big issue, watch out for a big rebound.

 

 

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