I just picked up shares of PACS at $16.60, banking on the fact that if they can clear the air regarding the fraud allegations, there's a massive upsid...
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I just picked up shares of PACS at $16.60, banking on the fact that if they can clear the air regarding the fraud allegations, there's a massive upside potential here. It feels like a risk worth taking given the occupancy rates and the demand for nursing facilities.
Given the serious allegations against PACS regarding inflated Medicare revenue and regulatory evasion, I see a strong case for shorting this stock. Wi...
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Given the serious allegations against PACS regarding inflated Medicare revenue and regulatory evasion, I see a strong case for shorting this stock. With the current downtrend and potential for new lows, I plan to short around $36.50 as I expect further panic selling.