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AmeriGroup Stock

leopard22

Registered Member
Anyone have any thoughts on this one?

AMERIGROUP CORP. (AGP)
Raised 2006 earnings of $1.45 to $1.55 a share from a
prior estimate of 70 cents to 85 cents. Reported
first-quarter earnings of 71 cents a share on revenue
of $673.9 million.
Thursday Close: $21.96
Net Change: Up 44 cents
% Change: 2%
Volume: 634,200 Shares

I don't have anything in them at this point, but without even looking into the company, this looks like something that could be a good little money-maker. I'll look more into the company and see what I can come up with, but if anyone has money in these guys already, what kind of longer term performance have you seen?
 

Mirage

Secret Agent
Staff member
V.I.P.
I don't have any money in [SYMBOL]AGP[/SYMBOL], but I've just added it to my watch list portfolio on Yahoo. I will definitely keep an eye on it now and see what it does. :)
 

leopard22

Registered Member
Andrew said:
I don't have any money in [SYMBOL]AGP[/SYMBOL], but I've just added it to my watch list portfolio on Yahoo. I will definitely keep an eye on it now and see what it does. :)
I get half if you make money on it, Andrew :cool: :)

Got some info on them. They look like they used to do Medicare and now are taking a more friendly approach, like they really care about the people on Medicare that they are getting a cut off of. They handle almost exclusively low-income people who are eligible for Medicare, but are using the health-maintenance approach. Claim to have cut premature births to half what a comparable group who isn't on their plan have. Interesting ... look like a health insurance group that caters to nice middle class white folk, but really target low income minorities. I don't mean to sound cynical - they actually seem to be pulling it off and if they are doing what they say they want to, guess it's a good thing and will certainly be a money-maker for the company.

So better keep half of that income in something solid for me, Andrew :lol:
 
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