Rod's Account Talk

Why did UNH drop?

In addition to the CEO's murder, as Tom mentioned, there were also some billing discrepancies/denial of care across numerous healthcare facilities. With its size/scope, I figured it will recover in due time. It's a small gamble on my part. My intention was to hold it long-term, but with its recent action I decided to swing trade it until it breaks through resistance.
 
It's nice to see my AMC speculative position finally rocketing due to an upgrade by Wedbush with a 4.00 price target. Last week, I was down around 16%. My position is currently down around 4%. I may finally break even today. I'm in with a 3.51 cost basis.

God Bless! :)
 
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