CNC market is shortsighted, but understandably cautious. Still, Centene is not going under anytime soon and profits are easily attainable as long as management pulls the right levers and cuts expenses, which they seem keen to do. There are some political risks with pricing updates, but these are not likely to impact profitability in the long run. Sentiment and momentum will soon shift, especially with positive catalysts in the works. The pendulum has already started to move toward greed - that's the way it always goes. So dig in and hold for a year or two for a nice ride. I see a $60 name in a year, possibly $200-250 in four.
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