Liberal Forum

Whenever you see shares gapping down overnight for seemingly no reason…the news always follows

”Someone” always knows    

https://www.zerohedge.com/markets/unite ... raud-probe

 
 

LowIQTrash » 21 Feb 2025, 9:45 am » wrote: ↑

21 Feb 2025, 9:45 am

Whenever you see shares gapping down overnight for seemingly no reason…the news always follows

”Someone” always knows 

The trading desk always hears the information first, that network of information isn't for the little people.
 

Fuelman » 21 Feb 2025, 10:10 am » wrote: ↑

21 Feb 2025, 10:10 am

The trading desk always hears the information first, that network of information isn't for the little people.

I hope your FA isn’t holding shares of UNH for you, that’s akin to criminality 
 

LowIQTrash » 21 Feb 2025, 7:01 pm » wrote: ↑

21 Feb 2025, 7:01 pm

I hope your FA isn’t holding shares of UNH for you, that’s akin to criminality

We most definitely hold UnitedHealth stock in multiple mutual funds. 

The reason I didn't even blink when this news came out is I know the majority of that stock was bought under $200/share. A much smaller percentage in the $200-250 range. We stopped putting money in our retirement accounts at the beginning of 2020 and focused on cash.

This stock would have to go through a serious beat down before we actually lost money, could happen but I'm not sweating it.
 

LowIQTrash » 21 Feb 2025, 9:45 am » wrote: ↑

21 Feb 2025, 9:45 am

Whenever you see shares gapping down overnight for seemingly no reason…the news always follows

”Someone” always knows 

I wonder how many of their executives sold their stock just before it tanked. 

Fuelman » 22 Feb 2025, 10:30 am » wrote: ↑

22 Feb 2025, 10:30 am

We most definitely hold UnitedHealth stock in multiple mutual funds. 

The reason I didn't even blink when this news came out is I know the majority of that stock was bought under $200/share. A much smaller percentage in the $200-250 range. We stopped putting money in our retirement accounts at the beginning of 2020 and focused on cash.

This stock would have to go through a serious beat down before we actually lost money, could happen but I'm not sweating it.

It’s going to ~ $300 sometime within the next 365 days and below $100 before 2030. This is not an ordinary correction.

This current situation is akin to General Electric topping in the year 2000.

You absolutely will lose out if you hold UNH shares. It’s done. You can sell on the next 20% bounce. It is not going to make newer highs for 10+ years.

The chart is so extended from the 40 year perspective it’s quite a miracle to have lasted this long.

No chart is going to go up forever (not even Apple) despite what Uncle Buffett tells you. That’s just delusional thinking. 
 
 

LowIQTrash » 22 Feb 2025, 9:09 pm » wrote: ↑

22 Feb 2025, 9:09 pm

It’s going to ~ $300 sometime within the next 365 days and below $100 before 2030. This is not an ordinary correction.

This current situation is akin to General Electric topping in the year 2000.

You absolutely will lose out if you hold UNH shares. It’s done. You can sell on the next 20% bounce. It is not going to make newer highs for 10+ years.

The chart is so extended from the 40 year perspective it’s quite a miracle to have lasted this long.

No chart is going to go up forever (not even Apple) despite what Uncle Buffett tells you. That’s just delusional thinking.

It is an impressive chart, glad we got a little slice of that.

If that is the writing on the wall you would expect a fund manager and his team to be also be in the know and respond accordingly. (You hope they do the right thing but it doesn't always happen).

In the short term your analysis is 180 from the general consensus. It is currently rated as a strong buy, possibly going to $700.

https://www.barchart.com/stocks/quotes/ ... st-ratings

In the big picture, UNH is only a fractional holding for us that does kick off a small dividend.

On another note, medical billing is a pain in the ***! We currently have a contested bill from St. Mary's Hospital. Had an infusion in December which was billed properly and the second in January. They charged for a Chemotherapy infusion second time around for an additional $2000. Problem is the procedure file for the Infusion Center does not list a Chemotherapy drug. Been waiting a month for them to straighten it out, rocket science ya know. There isn't much that slips by the Wife when it comes to medical stuff. I probably would have paid the bill    .