Long Position on WBMD @ $29.52 on 5/17/2013 (Rumor)

Bullish Flag on WBMDWebMD Health (WBMD) provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its public and private online portals, mobile platforms, and health-focused publications in the United States.

The company’s public portals enable consumers to obtain health and wellness information, including information on a particular disease or condition; store individual healthcare information; assess personal health status; use online health and wellness trackers, tools and quizzes; receive periodic e-mailed newsletters and alerts on topics of individual interest; locate physicians; and to participate in online communities with peers and experts.

Its public portals also enable physicians and healthcare professionals to access clinical reference sources; stay abreast of the latest clinical information; learn about new treatment options; earn continuing medical education credit; and communicate with peers. In addition, the company’s public portals enable employers and health plans to provide their employees and plan members with access to personalized health and benefit information and decision-support applications.

Further, it offers Websites and mobile applications, and health and wellness information, as well as content relating to lifestyle and healthy living, including healthy beauty, diet and food, exercise and fitness, and family and pregnancy for consumers; original content, journal articles, reference materials, and other medical content for healthcare professionals; and advertising and sponsorship products, as well as continuing medical education services.

Shares have formed a bullish "flag" following the company's quarterly results. Higher prices are expected for this stock.

We are now hearing rumors of good news for this company. One of the rumors states that this stock will be named by the leading stock advisory service as one of its "top picks." This service is widely followed by mutual funds and institutional money managers. These investors have portfolios that mimic recommendations of this service. Their naming of the stock should lead to additional demand for the shares.

52-Week Trading Range:  $13.13 - $30.69

Entry Point:  $29.52

Stop Loss:  $28.03

Target Price:   $32.47

Updates

6/19/2013 10:30:30 AM

WBMD closed at $28.09 after stock failed to gain 10% in 30 days.

Position closed on 6/19/2013 at price of $28.09 with a -4.84% loss in 33 days.

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