Topstockblog

Blogging to add value. Sharing and discussing helpful websites, money, stocks, etc.

UNH BSC and S acting like stocks going much lower.

UNH ( 3/11/08) – is acting very poorly after a competitor well point missed earnings and cited lower margins going forwards, payment reimbursement difficulties, and a weak economy among problems. Being a voting year, many losers in health care management are possible.  Including lack of funding available for public health care programs going out of business.

BSC – was reported by Charlie Gaspirino on CNBC to have been in all parts of the mortgage process from origination, to packaging, and trading mortgage loans.  Then using funds to back other loans with Hedge funds that have blown up.   Lack of faith in BSC managements judgement is said to compound this problem.

S – is operating with negative leverage as it loses it’s base of customers because of significant problems.  ATT and VZ are taking market share with no end in sight.  Costs of operating all aspect of a cell phone business have large fixed costs, and a declining revenue base is impossible to over come.  

March 11, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , , , , | Leave a comment

UNH health care.

(Update 7/23/08 ) – UNH has weathered most of the fruad charges against it, and continues to pay out as little as possible to health care members. Profit margins should be boosted by greed, and inappropriate influence of health care corporations into elections. Society is not speaking up, and I imagine UNH as a possible long trade if congress people do not demand better coverage, and higher reimbursement rates. Bullish as a trade on any weakness further weakness. I would prefer to be long into UNH near term earnings anouncements. ) end update —
( 02/25/2008) UNH has systematically defrauded it customers and the ultimatley the people of the United States.  UNH should not be allowed to focus on isolated customers to over charge them. New York Attorney general goes after UNH after six month probe.  http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b889EB25E-F08F-49AC-AA67-1465E44B9300%  7d&siteid=yhoo&dist=yhoo    

   Proper utlization of human resources meaning active education and cooperation combined with technology and infrastructure in place without abusive elements would deliver the most efficient medical treatment care system. 

   Michael Moore has done a film on his thoughts about the inappropriate profiteering health insurance corporations carry out. In my opinion they have abused their trust when patient recieved care outside of the network or avoided treatment becuase of fear of costs.   Society can provide honest available medical care, and can work with other nations to share benefits.   I was recently reading some bible passages online trying to learn more about the contents.   I take from all the births and human relations in the book over generations we all have shared interest past and future.  Gods is with all of us and in everything. 

– Cramer likes UNH and see’s the stock as incredible cheap, I see investors putting money to work in UNH.  Stock could trade higher )

( update 10 am. On the UNH trade I should try to focus on my timing better.  I gave it a shot.  Still have about 8 hours for mr. market to wake up and price this stock lower because the Government should be able to crush the profit the one thing UNH had going for it the manipulation of health care costs.   I entered the trade when the stock was trading jut over $46.  I had seen the lower print and the fraud charges.  Then I pulled the trigger at .35 cent 2/15/08 45 puts in the heat of the moment yesterday. I closed out the positions It was  an out of the money trade trying to hit a home run.  Good chance after reading about it as a manipulation trade ahead of the news.  Big money stands to hedge the stock here while it continually repositions.  It is an election year.  The march 45’s look tempting.  

 entertainments purposes only, 

A bible passage –  

“Thus the total number of generations from Abraham to David is fourteen generations; from David to the Babylonian exile, fourteen generations; from the Babylonian exile to the Messiah, fourteen generations. 5 ”  Mathew summary,

18
6 Now this is how the birth of Jesus Christ came about. When his mother Mary was betrothed to Joseph, 7 but before they lived together, she was found with child through the holy Spirit.
19
Joseph her husband, since he was a righteous man, 8 yet unwilling to expose her to shame, decided to divorce her quietly.
20
Such was his intention when, behold, the angel of the Lord 9 appeared to him in a dream and said, “Joseph, son of David, do not be afraid to take Mary your wife into your home. For it is through the holy Spirit that this child has been conceived in her.
21
She will bear a son and you are to name him Jesus, 10 because he will save his people from their sins.”
22
All this took place to fulfill what the Lord had said through the prophet:
23
11 “Behold, the virgin shall be with child and bear a son, and they shall name him Emmanuel,” which means “God is with us.”
24
When Joseph awoke, he did as the angel of the Lord had commanded him and took his wife into his home.
25
He had no relations with her until she bore a son, 12 and he named him Jesus

February 14, 2008 Posted by | American Politics and Policy Ideas, Stock investing links, ideas, and opinions. | , , , , , , , , , , , , , , | Leave a comment

Short sold UNH, New York state investigating healthcare insurance fraud

UNH should be punished for committing fraud against it’s customers.  I hope you agree with me in condemning fraudulent behavior that ultimately denies society benefits and wastes.  New York state has launched a probe into illegal practices of Health Insurers.  I think UNH is a good short because of the dishonest behavior that I hope destroys the future of UNH. (update 2/13/08 lost alot of money on the trade – seperating morals from trading short term might be a lesson learned) Fraud has resulted in an inaccurate recording of profits in the past, and should not be allowed in the future.  One example of the alleged fraud New York is investigating UNH reportedly paid $62 on claims they believed should be paid $160 according to a Market Watch Report.  http://www.marketwatch.com/news/story/new-york-charges-healthcare-billing/story.aspx?guid=%7BA6E79417%2D6D6C%2D48EE%2D9DC0%2DBB52F816DB09%7D&siteid=yhoof AET, CI, WLP, WCG or HUM also look tempting to short in my opinion. They are being sold off on fear of earnings going forward in a climate with much risk for the industry as the government looks to cuts costs and eliminate waste.   http://www.reuters.com/article/marketsNews/idUKN1334410320080213?rpc=44   UNH said to be at the heart of the probe  http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b889EB25E-F08F-49AC-AA67-1465E44B9300%7d&siteid=yhoo&dist=yhoo   Doing more research I found Nevada probably the most pro business environment in the world slams UNH saying they committed 130,000 violations from not paying doctors and collecting fraudulent money from customers.  It could face 10,000 per violation equaling 1.3 billion dollars in Nevada alone.  I have heard of stiffing patients; but, doctors?  That is a business model for disaster. http://biz.yahoo.com/ap/080208/nv_unitedhealth_sierra.html?.v=1  Punishing this corporation and crushing UNH stock is best for society.  No more compromises.  As a society we need to condemn those who have chossen to deny us health benefits.  The future is about good decisions; not profits.  An argument against the trade is UNH is a large health care provider with a history of profits, predicted growth, and should  benefit from economies of scale because of the size it’s network of customers. Some may seen UNH being oversold and as a good value.

Entertainment purposes only,

February 13, 2008 Posted by | Uncategorized | , , , , , , , , , , , , , , , , , | Leave a comment