Tuesday, March 3, 2009

HUM down 15% to $20.00

http://finance.yahoo.com/news/Insurance-stocks-tank-as-apf-14516841.html

"Managed-care stocks sank even deeper than the broader market Monday, as President Barack Obama introduced his choice for health chief and talked about his view of the need to change the system."

This massive selloff in the sector will eventually be prime for long term investors looking for deep discounts. The "Barak is worse than the bite" as most analyst believe the market is overreacting to the talks of reform.

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