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Re: MikeDDKing post# 97568

Thursday, 03/20/2008 12:53:39 AM

Thursday, March 20, 2008 12:53:39 AM

Post# of 173780
thanks for the update on mdf mike. I've been holding for so long.. I haven't added or sell for a while.. I haven't add because I already have a lot of mdf stocks.

I agree with what you said.. the drop is probably because HUM, WLP etc.. but those companies hasn't dropped at all when the market crash (in fact they continue to reach new high) so the recent drop isn't that bad

I also like health care. i started picking up bargain in financials as well for long term (like 4-5 years) hold.

hope mdf hmo become profitable (before PSN profit dropped which might happen in the next 3-4 years as margin is pressured from above/HUM)

also mdf stock moved in high volume due to the insitution holding. when it dropped recently I'm guessing some institution booked profit buying at the 1.8-1.9 and now just booked profit at 2.3 or so cause they know it will take a while before hmo become profitable (way longer that mike earley predicted when he started the hmo). and it takes them forever to hit 10,000 members and I'm still not confident that when they hit 10,000 members they will be profitable.. but they better be...

still enjoying the cash balance that they have... reduce the risk of liquidity crisis..

Stan

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