InvestorsHub Logo
Followers 0
Posts 18
Boards Moderated 0
Alias Born 02/21/2006

Re: tradechamp post# 351

Wednesday, 03/31/2010 4:51:36 PM

Wednesday, March 31, 2010 4:51:36 PM

Post# of 543
I'm just quoting facts from the company's 10-K. If anyone thinks this is a good company, or a good sector right now, feel free to invest.

FYI - the following data on the healthcare staffing sector is from staffingindustry.com. As you can see, the sector (especially travel nursing) is in the middle of a total meltdown...

• In our December staffing industry forecast, we estimated 28% revenue contraction in
healthcare for 2009 (-50% travel nurse, -30% per diem nurse, -2% locum tenens, -25%
allied) and projected 1% contraction for 2010 (-15% travel, 0% per diem, 3% locum, 2%
allied). The upcoming forecast in April should reflect slight downgrades. A preliminary
forecast shown at our Executive Forum in March projected 30% and 3% revenue
contraction for healthcare in 2009 and 2010, respectively.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.