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UPDATE 1-Healthcare shares rise as US reform bill progresses

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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-21-09 12:00 PM
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UPDATE 1-Healthcare shares rise as US reform bill progresses
Obama has served the insurance companies and Big Pharma well.

http://www.reuters.com/article/idUSN2123614720091221?type=marketsNews



BOSTON, Dec 21 (Reuters) - Healthcare shares rose on Monday as a bill to reform healthcare passed the first critical test in the U.S. Senate, without many of the provisions, such as a government-run health insurance option, that investors most feared would hurt profits.
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-21-09 12:09 PM
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1. There are lots of rising stocks today.
The most important being the uninsured and underinsured's stock in the Democrats who are finally helping us to be able to afford quality health care.

It's a win for everyone, except the GOP.

Now, let's see if the Insurance Industry plays ball. If they don't they'll pay, as the bill stipulates.
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-21-09 12:10 PM
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2. The stock for the palm pilot company is going through the roof today, must be HCR related.
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mcablue Donating Member (625 posts) Send PM | Profile | Ignore Mon Dec-21-09 02:12 PM
Response to Reply #2
4. But the big question is: Why aren't insurance stocks going DOWN? Don't they hate the bill? hmm
I'd love to know.
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-21-09 02:08 PM
Response to Reply #1
3. Even the shills on CNBC are admitting that it was the bill which is cause health shares to increase
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