Insurance industry just got a bill which says that everyone in america MUST buy their products...of course their stocks went up.Big Pharma just got a bill that extends patents for their biotech products...of course their stocks went up.All the average Joe got was screwed.Same old story.Thanks,Burt
this has a pretty plausible explanation for the surge in insurance stocks - and a nice strategy for gaming the new systemhttp://market-ticker.denninger.net/archives/2109-Health-Care-Arbitrage-Obama-And-The-Dems.html
I'm sure lots more stuff like this will start surfacing too, especially whey they start actually READING the reconciliation bill.Thanks,Burt
Burt...nothing new. Shit like this happens everywhere in all businesses.
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