Psychiatric Solutions, Inc. (NASDAQ:PSYS)
The Company and its subsidiaries provide inpatient behavioral health care services in the United States.
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I hate psychs!!!
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The forward PE is less than 10 and the long term growth estimate is 16.8. I have a target price of $45/share.
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Still a good short.
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Recently took hit with earnings miss, if the company fixes issue with earnings it is exteamely undervalued.
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Class action law suit? how much will the company cough up to fend itself off from people who have lost money. with the heavy losses across the market in general over the past few years, I bet people will be jumping on board to get something for nothing. Buying up facilities all over doesn't help. Unless you are on Medicaid, a person's insurance is going to max out for these services. It is likely the company will have to always be rounding up new customers to stay profitable-- unless they are taking straight Medicare and Medicaid.
Also, if the lawsuit concerning "false and misleading statements concerning the Company's safeguards and controls over its operations" deals with direct-service operations to its patients, then the potential exists for having big Medicare and Medicaid compliance issues, and\or perhaps tertiary complaints from those all too happy sue anyone or everyone for a health care system that has not lived up to healing a loved one.
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ag. growth post z1, pt40
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This co. is rapidly gobbling up mental health facilities.This sounds like a "no brainer". Ha Ha!
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With the current situation. People are depressed. They need help which helps push the market up.
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Bank on more people with mental issues/disorders as the years go on. October of '08 made sure of that.
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IBD
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Tough times call for better living through pharmacology, so you gotta go see the doctor to get those drugs!
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multiple bullish technical signals 91.3
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Largest player in the mental health services arena; organic growth and growth by acquisitions
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We have more soldiers coming back from Iraq with PTSD. We need more Behavioral Services. PSYS has a potential growth,
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One flew over the cookoos nest ! when times are tough I always run to my psys... Take % 20 and call me when the bears gone !
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VOLUME ON STOCK
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Psychiatric Solutions (PSYS) Higher After CEO Scoops Up 30K Shares
March 7, 2008 12:24 PM EST
Shares of Psychiatric Solutions (Nasdaq: PSYS) are 4% higher today following a disclosure after the close that Co-Founder/Chairman/CEO, Joey Jacobs, bought 30,000 shares on the company on 03/06.
Psychiatric Solutions provides inpatient behavioral health care services in the United States. [LJ]
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This is HOPE pick,,no basis of research, but I hope something will be done for the mental health crises in USA
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bought competitor...
+ cramer recommendation
+ reddingunner pick
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