Hillhaven Corp
Article Abstract:
Hillhaven Corp handles 351 long-term care centers, 25 retirement housing establishments and 112 pharmacies. Three insiders cleared out 100,145 shares in Dec 1992 at an average cost of $4.06 after which, another six insiders disposed of 581,897 shares in Jan 1993 at $3.98 each. The escalating incidence of insider selling in Jan 1993 negates tax considerations. The company also belongs to the healthcare provider sector which has seen persistent distribution lately. Therefore, caution is recommended.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Continental Medical Systems Inc
Article Abstract:
Continental Medical Systems Inc handles 19 rehabilitation centers and 50 out-patient establishments in several states. A Nov 1992 report showed eight insiders disposed of 200,000 shares at prices well below the $29 level. Seven insiders also sold 226,711 shares between Oct 30 and Dec 22, 1992 at the $19.75 to $17.63 range. The volume of insider selling, whether option-related or not, suggests that caution should be exercised.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Continental Medical Systems
Article Abstract:
Three Continental Medical Systems Inc (CMS) insiders recently purchased a total of 8,550 shares at prices ranging from $7.25 to $10 despite the fact that the share price of CMS has dropped from a $29 peak is indicative of positioning for possible profits. Insiders were stll buying shares when the price went down to as low as $7.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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