There has been a lot of talk lately about the situation surrounding $UNH and their problems. However, on Friday, the management of this company was buying shares heavily, which is a very positive signal, and today the stock could rise. If the price stays below $300, I will establish a position, because such a drop is not common and the reaction is overreaction.
How do you seethe situation around $UNH? Do you have shares of this company in your portfolio?
Under that $300, it creates quite an interesting opportunity and I will be buying gradually.
This industry is unfamiliar to me, but this "cause" caught my eye too. The drop is a big one, and it's tempting to jump in, but there's the fear of "catching a falling knife". 🤷♂️ Even though they are the largest insurance company in the US and they can't be without people's insurance, let alone in the US, but what's going on around here is definitely not something to wave your hand about. And so I wonder if the correction can't go even lower, because I certainly don't think the company will fall, but I also don't think it'll be back to the top in a few months. I haven't seen the price below $300. 😊