$LH First-to-market in-home COVID-test NEWS today hasn't made its way through media with all the OIL drama & down market mania. I'm expecting a bounce RIGHT UP THROUGH $150.00 & close into that GAP (on the chart). I'm being a bit GREEDY in grabbing sub-$149.00 shares atm but may start buying some higher too in a bit.
I've added 1,200 shares from $146 all the way up as they kept pushing it lower & lower all day today....& perhaps had the cover of DOW getting crushed again. NO GOOD REASON this profitable U.S. National lab-testing company (which does OVER 500,000 tests per year) should've gotten slammed with ALL the others... People get sick, they need tests...& the hospitals are getting HAMMERED...LabCorp does most of the Hospital lab-work people need to have done on a DAILY BASIS. Solid buy here imho...
LH indiscriminately got lambasted with this Covid-19 pandemic & was trading near-$200.00 so I've seen them push the stock down. It's 94% INSTITUTIONALLY OWNED so when it pops & can sustain solid runs.