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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (48552)7/2/2012 4:15:59 PM
From: Spekulatius  Read Replies (2) | Respond to of 78732
 
re WLP - somewhat scary article if you own health insurers. I am not sure the author is right but he does bring up some points to consider. my personal first buy points is in the high 50's, based on the chart.
seekingalpha.com



To: Paul Senior who wrote (48552)7/9/2012 10:22:02 AM
From: Mark Marcellus  Respond to of 78732
 
Wellpoint buys Amerigroup:

finance.yahoo.com

I own AGP and I have mixed feelings about this. It's a decent pay day but I liked the company, thought it was well managed, and it had good growth potential.

I do find it interesting that WLP is doing this as cash only with no stock (though possibly some debt). They obviously think their stock is undervalued. I don't generally do insurers - I bought AGP after I had some dealings with them and was impressed. When I checked out their stock it looked obviously cheap even for an insurance illiterate like me. Since I now have some cash looking for a home, I guess I'll have to turn to WLP and take a stab at understanding them.