EVH & DEPO- SHORT EVH (health care platforms)
Post# of 123689
EVH (health care platforms) just announced last night in Earnings it'll dilute with $201M of new shares. This on top of a June dump.
The cowardly execs were selling like Banshees just prior to the both dumps.
Mkt reacted to the news of today dropping -17.12% I think there's more dropping in store Wednesday and this week.
Company also announced earnings last night which saw a dramatic increase in Revs but still losing money, -.13 SH, .01 more than the comparable qtr.
The company is all about the come but haven't got close to a grip on '18
With a very uncertain healthcare climate, 'tutes may well trim this supposed juggernaut to be.
If you start growing a beard now, you'll be able to front for ZZ Top before this share selling, executive enriching, money losing company may turn a profit- and then just EBITDA.
http://stockcharts.com/h-sc/ui?s=EVH
Shorted DEPO again when I saw it pop in AH, tonight.
Company is in the opioid business and that is under klieg lights, presently.
Company offered a dismal outlook in its Earnings Report Monday night.
Today was day one, -33.42% . Looking for continuation Wednesday
http://stockcharts.com/h-sc/ui?s=DEPO
Had a very successful visit today at one of the churches I work with. But I was scampering to get to my computer and suss out a play or two. The shop I landed in at 3pm had Wi-Fi best described as dial-up. The baby beside me was doing a great imitation of Caruso while the twenty something girl on the other side was relating her general growing up angst non-stop to her patient girlfriend. I donned headphones, blasted Copeland (Aaron) almost all the way up before digning EVH & DEPO the stinkiest plays I could find, lol.
I hope I done well under battle conditions.
MG
https://www.youtube.com/watch?v=SXikDnYZYpM