This post was just published on ZYX Buy Change Alert.
CYH is a hospital chain that will benefit from Obamacare. HCA, the largest hospital chain, reported blowout earnings today. CYH is a laggard in the group and also still digesting a major acquisition. Sooner or later CYH will catch up with the group.
As of this writing CYH has jumped to $46.22 in sympathy with HCA. This is a volatile stock and likely to give a buying opportunity at a lower price. This stock also can trade in wide range. Consider accumulating up to 40% of full core position size in several trances tranche in the zone of $38.33 to $43.81. As always consider staring with a very small quantity near the top of the zone and become aggressive near the bottom of the zone. Target zone is $63 to $65. No stop for the time being.
If holding THC, for diversification purposes please keep in mind that is also a hospital chain. 100% of full core position size of THC b was bought in one swoop at $20.40. As of this writing THC is at $48.35.
