Medical Care America

Article Abstract:

Medical Care America is the US' leading operator of outpatient surgery centers and provider of home infusion therapy. Insider purchases were noted when the issue was trading at the $20.13 before declining to the $14 area. The miscalculation represented the woes of the healthcare sector. Two insiders, however, accumulated 10,000 shares each at the cost of $14 and $15 in late Apr 1993. The purchases are made to average down on earlier purchases at higher prices. This is an encouraging development.

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Medical Care America Inc

Article Abstract:

Medical Care America Inc is US' leading operator of outpatient surgery facilities and provides home infusion therapy. The stock struggled in Nov 1992 as insiders bought shares. The shares have yet to recover but insider accumulation continues to persist both in the open market and through options. VP Christopher Grant acquired 7,500 shares at $18.63 and took his options for another 1,445 shares at $12.11. The insider purchases suggest that better fundamentals are expected.

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Medical Care America

Article Abstract:

Medical Care America was given a buy rating last Mar 22, 1993, when two insiders purchased 7,700 shares. One of these insiders together with another two insiders exercised options for 66,445 shares without selling. VP Tucker Taylor also reportedly bought 500 shares last Feb 23, 1993, at $18.63.

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