RE:RE:RE:Never bad thing to take a profit! Canadian health care is bouncing back across the board. CXR is up 50% from the low a month and a bit ago, VRX is up $30 or so dollars within a month (though I think the verdict is still out on VRX atm). PHM has bounced in a big way with big volume, CXV is up 30% since the $0.225 mark. I think the money is moving from oil to H/C.
Predictions for oil at sub $50 a barrel and sub $60 a barrel for 2015 and 2016 respectively.
PHM is doing well and we're still waiting on Q4 numbers. I believe they'll continue to have great quarters...in fact, I'd be shocked if the contrary was true.
The only thing that worries me about huge market swings is: When is the ride going to stop/stall? Have investors really forgiven D and G for the whole media situation? Was that overdone on purpose? I posted a rather crazy conspiracy theory a while back that hinted at something of that nature. I wouldn't be surprised if PHM was crushed on purpose despite continuing to produce great quarterly numbers. Big money gets out on top, everyone bails on the down trend and maybe (just maybe) this is the restart of another run.
The stock was priced at around the same price last year. Now, we've seen what the company can do with hard proof in the quarterly results. Is the company the same as it was this time a year ago? I don't think so.
This article is hilarious as well: https://www.financialmagazin.com/is-selling-patient-home-monitoring-corp-here-a-winning-strategy/
Calls a PT of $0.40. 3 days later: $0.68. Hope you didn't sell at $0.40!
GLTYA