This post was just published on ZYX Buy Change Alert.
VHS is a hospital chain.
Buy zone is $13.07 to $15.11. Consider not accumulating more than 35% in this range. Most of the accumulation should take place under $14.55 and preferably near the bottom of the zone. In other words be patient and accumulate slowly on down spikes.
Target zone is $18 to $20.
The plan is to accumulate more if the stock goes lower and there is no change in fundamentals.
No stops since the position is in the process of being accumulated however for those who must use stops, the stop zone is $9.23 to $9.38. As time goes buy the stop zone is likely to be raised.
The dip today is caused by comments of an analyst. In our opinion the analysis of this analyst about the Arizona contract is overly negative.
