Friday, December 17, 2010

Healthspring falls on Humana news


Healthspring Inc. (HS) has fallen from its’ highs around 29 to 26.  Today it’s down over 3% on news Humana is lowering its’ forecast due to spending cuts to Medicare.  The trend line is broken and I’m selling here at 25.9 while we are still up 31%.  Oddly enough this is right where we took partial profits in early October.

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