iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

HIGH CONFIDENCE TRADE. HIGH CONFIDENCE TRADE. HIGH CONFIDENCE TRADE

FLASH: BUY MY FUCKING BOOK. LEAVE A 10 STAR REVIEW.

Listen to me. Trump wants to do something to Obamacare, namely destroy it. I am thru with politics, so let’s not make this about the Orange Banana. He wants to do away with the ban on acquiring healthcare plans across state lines. According to Cannacord, this HELPS HIIQ.

In the entire healthcare space yesterday, just one stocks outperformed: HIIQ.

In the healthcare plans area of $400 billion in market cap, HIIQ is the best performing stock. Ergo, simple logic dictates that there is a fuckload of demand for healthcare stocks, but not enough supply of one’s that can withstand Trump’s latest barrage. Allocators will buy HIIQ, as sure as I’m sitting here. With a market cap of $550m, I strongly advise you take a closer look at it.

I bought it yesterday.

It’s trading less than 1x sales.

It’s trading less than 1x sales.

It’s trading less than 1x sales.

It’s trading less than 1x sales.

Canaccord notes that in light of WSJ reports that President Trump intends to roll back certain health insurance regulations concerning short-term medical insurance, which should have a direct benefit to Tampa-based Health Insurance Innovations (HIIQ), firm feels, “This should be positive for HIIQ: Even though 2Q’17 was still a strong quarter, we believe results would have been even better (specifically at Agile) if the Obama policy did not go into effect; thus, we believe the reversal of the three-month limitation rule will be positive for growth at Agile in addition to providing a greater sense of legitimacy for STM insurance, especially in light of the recent negative sentiment generated by the various short reports. Furthermore, we would point out that a main driver of the stock’s performance since Trump won the election was the potential for him to de-regulate the insurance industry and reverse the three-month limitation; thus, it is encouraging to see this play out.”

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