Health CareIt has become painfully obvious healthcare equities in general are under attack. If I were the CEO of NHC, I would execute two initiatives:
1. Sever the Canadian listing. There are no further benefits to domicile in Canada. The NYSE listing is complete and offers a much larger investor base.
2. Announce and undertake the largest share buyback program possible.
The market cap of NHC is now simply "stupid".
It's time to kick the shorts in the teeth.