Warren Buffett reveals that he dumped full positions in both WLP and UNH stock…both are HMO stocks. So much for confidence in Obamacare by Buffett!!!
There was one he probably would have dumped if he had owned it…it got mention in Barron’s as having the worse score among the S&P 500 for negative words/ phrases in its annual letter to shareholders in its most recent annual report. The service that tracks the quantity/ quality of words in the annual shareholder letter has found a close correlation to stock performance in the 12 months following the lettters’s releases.
If this holds true, then HUM shareholders should be concerned…the chart looks like a good short candidate to me….