If you like PHM, this price is looking very attractive here.Really, these health M&A are being impacted by;
1. Short seller attack on PHM
2. Short seller attack on NHC
3. Short seller attack on VRX (and VRX appears to have some real issues). This is the main factor PHM is down today. VRX is getting crushed, again, for good reasons.
Is PHM poised to be the first to rebound?
Maybe, my guiding light on PHM is StealBozo. If that hedge fund paid pro basher bozo shuts up, we'll have a good indication that PHM might be going up! LOL
In the meantime, I'm holding PHM and buying some of the better beaten up plays here.
PS And you would be crazy to buy any new MD plays until PHM proves itself. The only thing MD has proven is the ability to pump this PHM to $2 and dump. Leaving shareholders underwater as he enjoys nice boat rides.