Apollo Medical Holdings Inc (AMEH)

[greasemonkeyshoes]

I have followed this baby almost as long as you had.Why I'm standing on the sideline: management,management,and management;with the change of Chairman of the board and prior promotion of Kyle,the company is addressing and restructuring its next generation management team,a positive sign,but in a terrible business environment.

Current concerns:
Due to draconian budget cuts,the health care system in California is likely be challenged for years to come;on top of that,expansion thru debt/equity have not been favorable/fair to old investors. I have spoken to Kyle sometime ago and expressed my concerns;I do not think he had the gripe yet and needed time to work things out.

NO ECONOMY OF SCALE:
Unless cost is down below 80%,I watch only!