WCG - WellCare Health Plans, Inc. is undergoing an
FBI probe. The stock lost 62% of its value in a day. I don't usually play these dangerous news plays so I did not give it a second thought. Today I was going through some charts and I saw some good moves in the stocks of WCG's competitors.
Then the relationship hit me - WCG's fall = more profits for its
competitors. AGP, MOH, AET, HUM and CI all had nice gains over 3% for the day. Now why didn't I think of that when the market opened yesterday.
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