Centene Investors Suffer

Centene Corp (NYSE:CNC) has its hands full; firstly with earnings difficulties and lately losing in Kansas as a Medicaid provider. Watch the analyst behavior. Guidance is difficult when predicting government actions. They all are waiting for Q3 results. But in this case quarterlies will most likely reveal nothing. Management needs to shed some light on why they think they lost Kansas and what they are doing about it. In the meantime management and analyst statements will not be helpful. Most recommendations are neutral to bearish. Investors are on their own and suffering financially. Of course if some good news comes out the analysts will all issue buy signals and drive the price up. Its called a stampede.