BRAVADA International Ltd (BRAV) announced on Friday its revenue guidance for fourth quarter 2011, full year 2011 and 2012. Company estimated the revenues of $710K, $1.05M and $7M respectively. Despite these estimates and anticipation of “continued strong growth in all of its business segments and maintains a conservative bias with its guidance“, BRAV stock lost […]
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Sun Healthcare Group Inc. (SUNH): market over-reaction on planned Medicare’s cut.
On Friday Medicare announced plan to reduce payments to skilled-nursing facilities by 11.1% for fiscal 2012, cutting $3.87 billion out of the spending plan. Sun Healthcare Group Inc. (SUNH) has been beaten down for an over 56% on this Medicare’s update. With $75M market cap (as of today) & ~$2B in revenues Sun Healthcare Group […]