WellCare Health Plans Inc  (WCG) Trade Now »     Rate WCG  -  Discuss WCG  -  Add to Watch List        

WCG -> Ah yes, a lil fraud here, some fraud there, restating a few years of earnings... okay, no biggie.  This company is trading like half our population isn't retiring over the next few years.  Trading with high levels of cash-to-debt (assuming their accounting only affected earnings, and they didn't pretend they had extra stacks of Benjamins lying around patient care units).  If you're looking for an angle to play on a socialist administration with Medicare and Medicaid, this is it. 

The company trades at a discount since we are still waiting for 2007 reports.  According to WSJ, t

These are notes from the Day 2 sessions at the 3rd Annual Value Investing Congress West, held May 6-7, written by Jonathan M. Heller.

Mohnish Pabrai- Pabrai Funds<!---->

i don' t really suggest taking long positions when everything in the markets are getting hammered, but i have been expecting WCG to have some very good earnings. on top of this, it is setting up some sort of buy signal at the bottom of it's channel. earnings is out tomorrow after the bell so the play will be a fast one. take profits and then run for the hills!

Happy Trading,
-zrvs