Where are you now DarthTrader and QualityStocks? This company's much hyped acquisition, Medical Resources, is screwed. After losing 100% of their revenues due to the demise of America's Health Choice, they went and contracted with Wellcare (WCG)for the majority of their business. Wednesday, Wellcare's offices in Tampa were raided by over 200 FBI, OIG and state fraud agents. It's stock has plumetted from $115 per share to around $32 as I type. I have also read that the government's investigation could spread out to entities contracted to Wellcare to provide care. Could there be another multi-agency raid on Medical Resource's offices coming? Stay tuned! Oh yea... they still can't seem to get their 10k done. Is delisting next?
