American HomePatient Inc. (fka AHOM)

[Ryan Industries]

hi toejam.

if you read the fine print of their 10Q, you'll see the government changed the medicare reimbursement rates that directly affect a company like AHOM.

at the old rates, the company would have had a nice PROFIT this quarter instead of a loss.

no doubt they have a challenge ahead of them to operate efficiently in this environment, however, as PQL Research outlined in our look at this stock a week ago @ $.65 -- all these negatives do seem to be priced in right now.

we'll watch for the stock to hold its critical support levels.

[disclosure: no position. no relationship to the company.]