Medical Staffing Network Holdings, Inc. (NASDAQOTH:MSNWQ)
The Company is a healthcare staffing company and is a provider of per diem nurse staffing services.
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Recs
This stock was picked by TMFCoolHandLuke in the 2008 TMF Stockpicking Contest.
Recs
baby boomers getting older, needing more home help care.IF immigration does not change
Recs
History has proven that, especially within the temporary healthcare staffing marketplace, mergers rarely work out favorably for the company or the investor. Sadly, this fate will negatively impact MRN's stock price for a long time to come.
MRN lacks any real quality in their senior leadership to overcome their history. The stock has traditionally underperformed anyway. In a desperate attempt to regain some aire of significance in the temporary healthcare marketplace, they resorted to their desperate strategy of buying their way to the top.
MSN grew early on through the aquisition and consolidation business model. MSN failed even at that time to hold their realized revenue and net income increases. They have closed a number of those mom and pop locations due to a lack of organic growth. Why would any sane investor think their recent HUGE aquisition would be any different?
OK. Those that took the MSN bait will make every effort to play up the stock for selfish reasons. However, the neutral investor will see MSN for what it is - a wannabe player in the industry.
SELL! SELL! SELL!
Recs
Now (5-11-07) that they've bought InteliStaf for a cool 90 mil, they're the third largest medical staffing company in the United States.
Plus, nice insider ownership; and if you've read any of my other pitches, you know thats my favorite sign.
Recs
Health Care becoming consumer driven....to save money on costs, per diem staffing will become more popular. In fact, nursing is one of the hottest markets for job growth, so naturally the market for temporary employment (much like paralegal work) will experience a boom once providers run out of funds for full-time employees. Now is prob. a good time to buy a few shares - b4 the street shows some love!
Buy, buy, buy!
Recs
This is a turnaround situation - a long term play on health care staffing needs
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