I agree that when the merger is complete as J. Overcash mentions, that the the PPS will jump and jump big with the low float, I also believe in the direction and the future that SHOM has and is venturing in.
Just the other day here locally, Ohio governor Kasich was talking and giving the facts that the states budget is loosing $360 million due to the movement of home health care. The emphasis on at-home and community-based care budget is designed to result in 12,890 more Ohioans receiving care at home or in community-based settings, he said.
Home healthcare services. Skilled nursing or medical care is sometimes provided in the home, under a physician's supervision. Home healthcare services are provided mainly to the elderly. The development of in-home medical technologies, substantial cost savings, and patients' preference for care in the home have helped change this once-small segment of the industry into one of the fastest growing healthcare services.
SHOM doesn't hide info they release some type of info, very open and like to keep us in the loop. 23 news headlines since March
Charts do not look good right now, but the volume is staying over a million, so we are active and sustaining. The Accumulation/Distribution Index is holding and growing and has actually move up at times as the PPS has dropped, which is a good indicator we are about ready for a reversal in current trend.
Share Structure
Market Value1 $1,715,894 a/o Jul 12, 2011
Shares Outstanding 155,990,396 a/o Mar 31, 2011
Float 75,284,528 a/o Mar 01, 2011
Authorized Shares 1,000,000,000 a/o Mar 31, 2011
Par Value 0.001
