I did have a job when I got back into town. Unfortunately I let the news of the FBI raid ruin the remainder of my vacation.
There still isn't a whole lot of information available, most of it is just speculation of course, but it seems now everyone is piling on.
Class Action Lawsuit Against WellCare Health Plans
WellCare Says SEC Joins Probe
On Monday of last week the stock price hit an all time high of over 128 dollars. It closed at $28.62 today. Um, yikes. We had purchased a few shares at around the $100 mark and lost about $200 dollars. If there's a bright side to all this it's that we can actually afford to buy more than a couple of shares now...