Sun Healthcare Group, Inc. (SUNH)

[gixxer11]

Wow !!!

[GaryJPalys]

Would have thought people would be posting here after the past couple of days trading...

[sdy]

Looks to me like the August gap has closed and the Herculean effort may require a rest. I'm pulling back to see if it uses the 50DMA for support.

[Penny Roger$]

~ Tuesday! $SUNH ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SUNH ~ Earnings expected on Tuesday *
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=SUNH&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SUNH&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=SUNH
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SUNH#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SUNH+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SUNH
Finviz: http://finviz.com/quote.ashx?t=SUNH
~ BusyStock: http://busystock.com/i.php?s=SUNH&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SUNH >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[sdy]

Break the $4.30 resistance and we're on our way to the 200DMA?

[surf1944]

http://www.insidercow.com/history/company.jsp?company=sunh&B1=Search!

[mlkrborn]

SUNH $3.00 Sun Healthcare pursues amendment to its senior secured credit facility (SUNH) 3.03 : Co announced that it is seeking an amendment to its senior secured credit facility to provide additional financial flexibility. Pursuant to the proposed amendment, the Company will make a voluntary debt pay-down and increase its interest expense in return for greater flexibility to certain financial covenants. Although these covenant changes would enable the Company to operate with improved flexibility in addressing the Medicare reimbursement changes that became effective on Oct. 1, 2011, there is no assurance that the Company will be successful in achieving an agreement with its lenders.

[mlkrborn]

SNH 42.50. not bad considering ! "Sun Healthcare beats by $0.01, reports revs in-line (SUNH) 2.50 -0.12 : Reports Q3 (Sep) earnings of $0.32 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.31; revenues rose 2.6% year/year to $485.9 mln vs the $489.78 mln consensus."

[surf1944]

Sandler ONeill Analyst Discusses Consolidation Activity Among Health Care REITs; Sector To Show Stable Growth, Cash Flows Not To Deteriorate In Near Term

http://finance.yahoo.com/news/Sandler-ONeill-Analyst-twst-2969722523.html?x=0&.v=1

[Value_Investor]

The pos scam hit another new 52-week low $2.06 yesterday! Now it is heading onto another new low $0.6 based on the new 2012 projection!

[Value_Investor]

Another new 52-week low 2.53 was created so far! Sell the pos scam
ASAP before it hits 1.29 or below...

[john44]

Mr/Ms Value Investor must be short in SUNH.

SUNH is still has P/E of about 3.5, with the new earnings and has cash per share of $3.52.

I am long in SUNH.

[Value_Investor]

SUNH is current extremely overpriced and overbought based on the new
income and revenue projects! Huge price downward (over 50%) risks...

[Value_Investor]

Not at all. The new 52-week low 2.67 was created yesterday! More new
lows will kick in until it hits 1.29 or below...

[mlkrborn]

SUNH $2.85 in line with revised outlook based on medicare cuts:
Sun Healthcare cuts outlook after Medicare changes
Sun Healthcare cuts outlook, says Medicare changes will reduce 2012 earnings by $45M to $50M
ap

On Friday September 30, 2011, 11:25 am

IRVINE, Calif. (AP) -- Shares of Sun Healthcare Group Inc. fell Friday after the company lowered its annual profit and revenue estimates because of cuts in Medicare and Medicaid payment rates.

The cuts will reduce payments to nursing home operators by 11.1 percent. The changes were announced earlier this year. They go into effect Saturday. Sun Healthcare said it now expects to earn between 83 cents and 94 cents per share in 2011 on $1.93 billion to $1.95 billion in revenue.

The company had previously forecast a profit of $1.30 to $1.45 per share on revenue of $1.95 billion to $2 billion. Analysts had expected the company to report a profit of $1.05 per share and $1.94 billion in revenue, according to FactSet.

Sun Healthcare said it will also take a "material" goodwill charge in the third quarter.

The company said the changes in payment rates will reduce its earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs by $15 million in the fourth quarter. Changes in group therapy and change-of-therapy provisions will reduce those earnings by $10 million to $12 million.

Sun Healthcare said it is starting a cost-cutting initiative in response to the Medicare changes, and after those actions, the Medicare changes will reduce its 2011 earnings by $22 million to $23 million.

Most of the cost cuts will take effect in 2012, and the company said that including the cost cuts, the payment and therapy changes will reduce its 2012 earnings by $45 million to $50 million.

Shares of Sun Healthcare lost 21 cents, or 6.8 percent, to $2.87 in morning trading.

[Frankiy]

Sun Healthcare Group, Inc. Updates 2011 Guidance
http://ih.advfn.com/p.php?pid=nmona&article=49369474&symbol=SUNH

Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced its updated financial guidance for the year ending December 31, 2011.

Reissuance of 2011 Financial Guidance

Sun Healthcare announced the withdrawal of its full-year 2011 guidance on August 1, 2011 in order to have time to evaluate the impact of the final rule for skilled nursing facilities that was published by the Centers for Medicare and Medicaid Services ("CMS") on July 29, 2011. After completing that review, the Company is reissuing and updating its full year 2011 guidance. The significant changes include:

consolidated revenues are expected to be between $1.925 billion and $1.945 billion, compared to a previously expected range of $1.950 billion to $1.995 billion;
consolidated adjusted EBITDAR is expected to be between $237 million and $242 million, compared to a previously expected range of $259 million to $265 million; and
diluted earnings per share from continuing operations is expected to be between $0.83 and $0.94, compared to a previously expected range of $1.30 to $1.45.

The CMS final rule includes a parity adjustment reducing Medicare rates by 11.1 percent, changes to group therapy reimbursement, and the introduction of new change-of-therapy provisions as patients move through their post-acute stay. Based on a thorough review of the final rule's impact, the Company estimates that the parity adjustment will impact adjusted EBITDAR negatively by $15 million in the fourth quarter of 2011. The impact of group therapy and change-of-therapy provisions established in the final rule have required substantial changes in the methods by which therapy services are delivered and are estimated to have a combined negative impact on adjusted EBITDAR of between $10 million and $12 million in the fourth quarter of 2011, including the changes in methods by which therapy services are delivered.

The Company has commenced a broad-based mitigation initiative, which includes infrastructure cost reductions that will reduce the net impact of the final rule during the fourth quarter and is expected to continue to ramp up into 2012. The Company expects that after giving effect to these mitigation efforts, there will be a net negative impact of the final rule to 2011 adjusted EBITDAR of between $22 million and $23 million as reflected in the Company's updated financial guidance. The Company anticipates that the net negative impact of the final rule on the Company's results of operations in 2012, after the mitigation initiatives are fully realized and changes in methods of delivering therapy services are fully implemented, will be between $45 million and $50 million.

William A. Mathies, Sun's chairman and chief executive officer, commented, "Our analysis demonstrates that the rate reductions imposed by the CMS final rule have far exceeded the stated goal of parity with prior Medicare rates, and we remain concerned that these reductions may have serious consequences for our entire industry. That said, we are moving expeditiously to mitigate the impact of the rule on our operations while retaining our focus on our primary mission of providing quality care."

Mathies added, "We continue to closely monitor our spending programs, including reducing our capital expenditures, and expect to have 2011 free cash flow of approximately $20 million. We believe we have sufficient liquidity to satisfy our financial covenants and will continue to evaluate opportunities to pursue additional flexibility."

The table below sets forth Sun's updated 2011 full-year guidance which includes transaction and integration costs related to the disposition of closed operations:

[surf1944]

8:39AM Sun Healthcare issues new guidance (previously withdrawn) following assessment of CMS rule imapct; EPS below consensus; rev consensus near high end of new range (SUNH) 3.08 : Sun Healthcare announced the withdrawal of its full-year 2011 guidance on August 1, 2011 in order to have time to evaluate the impact of the final rule for skilled nursing facilities that was published by the Centers for Medicare and Medicaid Services on July 29, 2011. The CMS final rule includes a parity adjustment reducing Medicare rates by 11.1 percent, changes to group therapy reimbursement, and the introduction of new change-of-therapy provisions as patients move through their post-acute stay. Co issues guidance for FY11 (Dec), sees EPS of $0.83-0.94 vs. $1.05 Capital IQ Consensus Estimate ($1.30-1.45 prev.); sees FY11 (Dec) revs of $1.925-1.945 bln vs. $1.94 bln Capital IQ Consensus Estimate ($1.95-1.995 bln prev.). The co has commenced a broad-based mitigation initiative, which includes infrastructure cost reductions that will reduce the net impact of the final rule during the fourth quarter and is expected to continue to ramp up into 2012. "Our analysis demonstrates that the rate reductions imposed by the CMS final rule have far exceeded the stated goal of parity with prior Medicare rates, and we remain concerned that these reductions may have serious consequences for our entire industry. That said, we are moving expeditiously to mitigate the impact of the rule on our operations while retaining our focus on our primary mission of providing quality care."

[stockchaser64]

SUNH look like a bottom reversal for stock look like levels of 3.01 was a bottom.STOCK HAS a gap to fill up to 7.00 and i beleive this stock is heading alot higher in comming weeks with possible over 5.00 dollars levels very soon.

[sdy]

Haven't had much time to watch closely in the last couple of weeks. When I've opened up a screen it looks like sellers are finding the buyers rather than buyers finding the sellers. Buyers are waiting on the bottom to show. We're at a strong support here. If this can hold and the overall market isn't further bombarded by bad news from Euro, we can expect a trend upwards over the next week.

[john44]

What's happening with SUNH?

Anyone?

[sdy]

The overall market has put in five days of gains and we've put in one - any thoughts? Are institutions still shy on this sector?

[sdy]

Agreed. The end of the day looked strong. I'm in.

[stockchaser64]

SUNH at these levels look like a good buying time for i believe the gap up to 7 dollars will be fill on charts soon.THIS stock look undervalue with alot of insider buying about 2 weeks ago so i am buying at these levels.

[ListenToMe]

Looking very strong today!

[Frankiy]

SUNH $3.78 (MA20) should hold here! Nice buying opportunity imo!

[alumin]

As usual I sold too early.

[ListenToMe]

Thx & I agree we will hit $4.50 easy. Also check out All the insider BUYS!

Target Near term $6.00 BUCKS, maybe $7.00 if the numbers are much better than expected!


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[SHIPPPPit]

lol nice username....

Anyone looking at the fundamentals here? They have done better than last year and they're growing/adding more jobs.... this is STANDARD textbook PARABOLIC move to 4.50!!!!!! WOULDN'T be surprised if this hit $4.20+


$SUNH

http://twitter.com/#!/AVICIIstoxxx

[ListenToMe]

This IS the sector you want to be in right now!!!


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[alumin]

markets are closed on Monday

[SHIPPPPit]

DailyPennyStock covering the story on $SUNH...

http://twitter.com/#!/dailypennystock

$5 target.

[Webwyrm]

I'll be adding on monday when some money clears. I hate investing on uncleared money.. even when i think its a sure thing.

[sdy]

Still another insider acquisition
http://ih.advfn.com/p.php?pid=nmona&article=49031776
PPS dug up my bid today

[Webwyrm]

Never bad when insiders are buying hand over foot!

[sdy]

More insider purchasing http://ih.advfn.com/p.php?pid=nmona&article=49015863

Didn't have an opportunity to observe the activity today except at the very end where I notice a couple of large blocks right after the bell. Held up better than I'd expected, so my bids weren't filled.

[ListenToMe]

A few sellers holding us back from breaking thru $4.50 range.

Should take too much to break thru, above $4.50 break thru can come by end of week.

[ListenToMe]

You can say that again Webwyrm

[stockchaser64]

SUNH stock look like it has top out right now could see stock trade back to the 3.95 to 4.05 levels for a few days and finish down today.CHARTS SUPPORT a gap to be fill up to 7 dollars but i think this will happen in comming weeks.STOCK could trade sideways for a while.

[Webwyrm]

Love it.. and nice recovery!!

[ListenToMe]

Looks like we're taking a little breather here to Re-Energize and move up to the next levels!!!!!!! $5.00 on the Horizon!!!



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[Webwyrm]

I might as well LOL!!

[sdy]

I'll buy that

expect some weakness early tommorow

[stockchaser64]

SUNH strong today but as i said selling came in stock toward end of day lots of daytrading in stock price today.COULD SEE stock go down early tommorow but charts support a gap will be fill up to 7 dollars but expect some weakness early tommorow.

[ListenToMe]

agreed!

[Webwyrm]

Yes.. loving it.. Usually gaps like this fill over a couple of months.. had this set up as a longer play.. but its just rockin and rollin

[ListenToMe]

Just warming up here. I like the steady uptrend which is Very Bullish!



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[Webwyrm]

LOL.. it sounds good to me.. what a beast this stock is today!

[ListenToMe]

Well that's my prediction & I'm stickin
to it!! :)!!!!

[Magosabe]

6.00 me too!! haha but watching closely

[surf1944]

At some point the $7 gap on the SUNH chart will be closed...........