Lincare Holdings, Inc. (NASDAQ:LNCR)
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The Company and subsidiaries provides oxygen, respiratory therapy services, infusion therapy services and home medical equipment such as hospital beds, wheelchairs and other medical supplies to the home health care market.
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Massive sell volume. close to 52 week low. Sell ast.
I think I have figured out the low price for this apparently good stock. Congress is the reason. They passed a law giving ownership to the user after 3 years of use of oxygen equipment. That takes away much of the profits for a company like LNCR. Ownership transfer begins in January 2009 based on use starting in 2006.SesameNOW.