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I can't see how how has a choice.........
Hope he does average down..
A quick 8% gain for me. I'm out for now see how next week plays out.
He took a 50% haircut on 11.3 million shares? Ouch! Looks like a nice rebound today...
Triple WoW....Tianqiao Chen He'll have to average down. The best part is he was asleep when all this happened today. believe......
He'll take 10m more.....
Chinese billionaire takes 9.9% stake in Community Health Systems
By Dave Barkholz | August 15, 2016
Tianqiao Chen, a Chinese billionaire who made his initial fortune in online gambling, has purchased a 9.9% stake in troubled hospital giant Community Health Systems, according to a regulatory filing Monday.
Chen, through affiliate Shanda Media Limited, reported on Aug. 3 that he had accumulated 11.3 million shares of Franklin, Tenn.-based CHS, the filing said. His purchase, made since June 30, makes Chen CHS' largest shareholder ahead of Wellington Management's 8.5 million shares as of June 30, according to Morningstar.
CHS this month posted a $1.43 billion loss, or $12.90 per share, from continuing operations in the second quarter as it took a non-cash write-down of goodwill on the sinking value of hospitals it had acquired over the years.
The company, the nation's second-largest investor-owned hospital system, also is negotiating to sell 12 underperforming hospitals to raise about $850 million to retire debt.
Chen's Singapore-based private investment company Shanda Group has made a major investment in another distressed company, Lending Club. In June, Shanda raised its stake in the peer-to-peer lender to 15.1% from 11.7% two days after Lending Club's CEO was forced out.
A year ago, CHS' stock price was trading at about $60 a share. It closed Friday at $10.94. Phone and email messages to a CHS spokeswoman were not immediately returned.
CHS has struggled to gain control of operating problems, particularly at the 61 hospitals acquired for $3.9 billion in 2014 as part of Health Management Associates. That has hurt earnings since last autumn and prompted the sale of more hospitals.
Some of those hospitals were divested in the April spin-off of Quorum Health Corp., a group of 38 rural hospitals that CHS determined would operate better as a separate company.
This month, Larry Cash, CHS' chief financial officer, said that of the 153 hospitals CHS operates, 61 former HMA hospitals operated by CHS continue to post revenue and earnings below that of CHS' 92 legacy hospitals.
Problems are particularly acute at some of the former HMA hospitals in Florida, which CHS has tried to buttress by recruiting more physicians and putting management attention there, Cash said.
Reuters said in its Lending Club article on Chen that the billionaire rose to the list of China's richest people with a $60,000 investment in video games in the late '90s.
$CYH get it while its hot!!!!
holding onto some size in $CYH going for sick gains. way undervalued, shorts are going to be covering like crazy and people will defo be panic buying no doubt... this thing has mad potential, especially on a friday. bull day tomorrow boys and girls. get your diapers ready. in @5 even,,,
CYH $5 I'm in for the swing
I'm with you....
I started at 5.22 all the way down to 4.88...... Then I just took the 5.10's in aftermarket.....
35k now....
* * $CYH Video Chart 10-27-16 * *
Link to Video - click here to watch the technical chart video
Took a position at 5.05 for a swing trade..
G/L
https://finance.yahoo.com/news/community-health-systems-announces-definitive-110000163.html
Chen Tian Qiao has substantially upped his position. Might be a buyout offer coming soon......
Another big Form 4. Where there is smoke.... Might be a big buyout coming here....
CNBC REPORTS THERE IN TALKS
This thing is heavily undervalued at 10.50
<<< $CYH Links! >>> ~ MAC's Quick DD Links without the charts.
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/CYH
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/CYH/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/CYH/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/CYH/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/CYH/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/CYH/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/CYH/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/CYH/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/CYH/research
Google Finance Summary ~ http://www.google.com/finance?q=CYH
Google Finance News ~ http://www.google.com/finance/company_news?q=CYH
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=CYH
Google Finance Financials ~ http://www.google.com/finance?q=CYH&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=CYH
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=CYH&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=CYH+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=CYH+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=CYH+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=CYH
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=CYH+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=CYH+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/CYH
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/CYH
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=CYH+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=CYH+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=CYH+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=CYH+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=CYH+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=CYH+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=CYH+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=CYH+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=CYH+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=CYH+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=CYH+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=CYH&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=CYH
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=CYH
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=CYH
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=CYH
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=CYH
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=CYH&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=CYH&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/CYH?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/CYH
Barchart Options Quotes ~ http://barchart.com/options/stocks/CYH
Barchart Technical Chart ~ http://barchart.com/charts/stocks/CYH&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/CYH&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/CYH
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=CYH
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/CYH
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/CYH
Barchart News Headlines ~ http://barchart.com/news/stocks/CYH
Barchart Profile ~ http://barchart.com/profile//CYH
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=CYH&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CYH&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CYH&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=CYH&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/CYH/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/CYH/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/CYH/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/CYH/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/CYH
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/CYH/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/CYH/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/CYH/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/CYH/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/CYH/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/CYH/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=CYH&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=CYH
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=CYH
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=CYH&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=CYH
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=CYH
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=CYH&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=CYH.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=CYH®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/CYH
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/CYH/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/CYH/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CYH/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=CYH&selected=CYH
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=CYH&selected=CYH
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/CYH/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/CYH/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/CYH/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/CYH/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/CYH/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/CYH/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/CYH/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/CYH/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/CYH/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/CYH/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/CYH/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/CYH/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/CYH/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/CYH/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=CYH&selected=CYH
NASDAQ Financials ~ http://www.nasdaq.com/symbol/CYH/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/CYH/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/CYH/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/CYH/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/CYH/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/CYH/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/CYH/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/CYH/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/CYH.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/CYH/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/CYH/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/CYH/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/CYH/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/CYH/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/CYH/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=CYH
YCharts ~ http://ycharts.com/companies/CYH
YCharts Performance ~ http://ycharts.com/companies/CYH/performance
YCharts Dashboard ~ http://ycharts.com/companies/CYH/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=CYH&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=CYH&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=CYH&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=CYH
Zacks Quote ~ http://www.zacks.com/stock/quote/CYH
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=CYH
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=CYH
Knobias ~ http://knobias.10kwizard.com/files.php?sym=CYH
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=CYH
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/CYH/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=CYH&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=CYH®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=CYH®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=CYH®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=CYH®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=CYH®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=CYH
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=CYH
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=CYH&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=CYH&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=CYH
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=CYH&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=CYH
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=CYH
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=CYH
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=CYH
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CYH
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=CYH
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=CYH
Investorpoint ~ http://www.investorpoint.com/ enter "CYH" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "CYH" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=CYH
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=CYH
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=CYH
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=CYH
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=CYH
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "CYH" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=CYH&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=CYH
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=CYH
Check those searches for recent CYH mentions. If CYH is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
~ Thursday! $CYH ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!
~ $CYH ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=CYH&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=CYH&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=CYH
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CYH#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CYH+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CYH
Finviz: http://finviz.com/quote.ashx?t=CYH
~ BusyStock: http://busystock.com/i.php?s=CYH&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CYH >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
~ Monday! $CYH ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $CYH ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=CYH&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=CYH&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=CYH
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CYH#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CYH+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CYH
Finviz: http://finviz.com/quote.ashx?t=CYH
~ BusyStock: http://busystock.com/i.php?s=CYH&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CYH >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
I bought below the lower bollie, I'll be quite happy with anything over 17.
Unfortunately I didn't enter this one, I always seem to hesitate on the good picks and somehow end up with dogs.
re CYH 33.60 rtq .Im flat on it.Should have held longer. Thing hit 34.55 in the pre. And they have earnings on monday with the CC call update should be interesting.I hope you made some green on it naino74
Like I said yesterday, Good Call! ;) Was it a swing trade or are you still holding?
momo now,im out too early
Solid trade ari nice job.
well done buddy
made a ton today and yesterday on this
at least 20+k
NEW ARTICLE 4/12 11:50 AM - just out BULLISH!
http://www.thestreet.com/story/11079788/1/community-health-systems-stock-gaps-up-on-todays-open-cyh.html
"CYH remains committed to its offer to acquire Tenet and both Credit Suisse and Goldman Sachs have reaffirmed their confidence in financing the transaction.”
Here is the link to confirm:
http://ih.advfn.com/p.php?pid=nmona&article=47250541
AND more news: http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=2114455&cmd=r&t=
NEWS! http://www.marketwatch.com/story/hospital-stocks-climb-back-after-big-selloff-2011-04-12?siteid=yhoof
"Skepticism among Wall Street analysts about Tenet’s charges seemed to take root as both Community and Tenet shares started to climb back after incurring heavy losses on Monday.
Tenet is trying to fend off Community’s $6-a-share hostile takeover bid, and has put off its 2011 annual meeting along with adopting a “poison pill” shareholder rights plan. While some analysts cut Community’s ratings on Monday and early Tuesday, several were skeptical that Tenet’s charges would stick."
$CYH news 26.54 Pasted. Bullish update from Citi
According to Citi, Community Health Systems (NYSE: CYH) saw preliminary analysis of THC's allegations.
Citi reported that yesterday, THC alleged that CYH "converts ER visits to medically unnecessary inpatient admissions." “Our preliminary analysis of Medicare cost report data does NOT reveal CYH to have a higher than expected ER admission conversion rate or lower than expected average-length-of-stay ("ALOS") that would support THC's allegations. This data is preliminary and more analysis is needed to alleviate our concerns.”
Community Health Systems closed yesterday at $25.89.
Read more: http://www.benzinga.com/analyst-ratings/analyst-color/11/04/996068/citi-reports-on-preliminary-analysis-of-thcs-allegations-#ixzz1JJ72jh4A
CYH 26.08 -35% has met or beat earnings expectations for 10 quarters in a row. P/E is now 8 .Could move higher into earnings on monday after the close http://www.earningswhispers.com/stocks.asp?symbol=cyh
Good news for longs
Citi reported that yesterday, THC alleged that CYH "converts ER visits to medically unnecessary inpatient admissions." “Our preliminary analysis of Medicare cost report data does NOT reveal CYH to have a higher than expected ER admission conversion rate or lower than expected average-length-of-stay ("ALOS") that would support THC's allegations. This data is preliminary and more analysis is needed to alleviate our concerns.”
Read more: http://www.benzinga.com/analyst-ratings/analyst-color/11/04/996068/citi-reports-on-preliminary-analysis-of-thcs-allegations-#ixzz1JJ3EnJle
CYH 26.00 Earnings report next monday.Should move higher into earnings imo. Consensus Estimate: $0.78
Surprise Expectation 1:
Release Date: [not confirmed] 4/20/2011
After Close
Expected Time 2: 4:20 PM ET
Conference Call: N/A
shares defended at BofA/Merrill 42.00 price target. BofA/Merrill said the worse case scenario appears priced in and reiterates its Buy rating
well done. i am also holding. bounced it from 23.98 to 28, rebought from 26.15 to 27.5
and finally rebought for overnight from 26.4, 3000 shares
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