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Extendicare Inc T.EXE

Alternate Symbol(s):  EXETF

Healthcare Medical Care
Extendicare Inc. is a provider of care and services for seniors across Canada. The Company operates under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. The Company operates through four segments: Long-term Care, Home Health Care, Managed Services and Corporate. Its Long-term Care segment includes over 53 long-term care homes, which it owns and operates in Canada. Its Home Health Care segment operates through its subsidiary, ParaMed, which provides complex nursing care, occupational, physical and speech therapy, and assistance with daily activities. Its Managed Services segment includes its management, consulting and group purchasing divisions. Through the Extendicare Assist division, it provides management and consulting services to third parties, and through the SGP Purchasing Partner Network division, it offers purchasing contracts to other senior care providers for food, capital equipment, furnishings, cleaning, nursing supplies, and more.


TSX:EXE - Post by User

Extendicare Inc
Bullboard Posts
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(12)
•••
Comment by eljoroon Jun 06, 2016 12:36pm
162 Views
Post# 24938168

RE:EXE very oversold

RE:EXE very oversoldThe selling has been pretty relentless for a couple of days, on decent volume, which suggests to me a fund is exiting its position, and a lot of nervous retail investors are getting washed out along the way. Anyone with 10% trailing stops is getting stopped out.

I'm tempted to add to my position (and FTR I bought in at $9) but I want to see some stabilizing bid depth before I do). Not considering selling my original position.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities