iBankCoin
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Joined Apr 1, 2010
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We’re All Doctors

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On the back of the OPEN buyout, a subtle takeover target on the internet may very well be WBMD, where we can self-diagnose our ailments.

The weekly chart shows a base breakout attempt, with price coming up the “right side” of it. The stock is also very heavily-shorted and ripe for a squeeze higher.

Also keep in mind, regardless of your politics, that we have a major overhaul in healthcare which will likely lead to many people taking some matters into their own hands with this site.

$50 looks to be the next level to clear.

What say you? Who are the likely buyers?

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WBMD

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6 comments

  1. TJWP

    Great find Chess – going to have to be on watch for next week

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    • TJWP

      Shippers may be worth a look over the weekend. Some of the charts appear to have bottomed and be in stealth rally mode (DRYS, BALT, EGLE, SB)

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  2. WilliePhisterbum
    WilliePhisterbum

    SYMX chart pattern is strikingly similar to the trend lines you’ve got on this webMD chart.

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  3. heaterman

    Agreed on the shippers.

    On another note, it appears that none of us should concern ourselves with paying taxes from now on. The IRS claims their “computer” crashed and lost all the e-mails from one Lois Lerner regarding targeting of conservative groups.

    I mean, C’mon man…..is that the best you can do for an excuse? That’s right up there with “the dog ate my homework”.

    It is becoming apparent how dumb our government thinks the average citizen really is.

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  4. Fly

    Evdy is a new type of webmd

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