12-07-2019: Will Activist Shareholder Intervention Improve the Fortunes of Tenet Healthcare? |
When in activist capital management company succeeds in taking
over management of a large corporation in which it has
substantial holdings, often it can result in mismanagement or
the loss of factors that made the original corporation great.
Tenet Healthcare (THC) is a very large healthcare insurance
corporation which was showing poor results, had a huge debt
load, and had extensive management changes more or less forced
upon it after a couple of major scandals regarding billing
practices and unnecessary surgeries.
The corporation's stock has fallen out of favor with most
analysts and researchers, but has climbed higher on extensive
insider share purchases by Glennview Capital Management. How
long this can continue is questionable, but the corporation
continues to be about to sell off a third of its total assets
and that will affect revenues. (The spinoff is a major contributor.)
Our recent article on Tenet Healthcare, Inc. (THC) is in the Archives Section Below.
12-07-2019: Zenith Struggles to Keep Website Afloat |
Readers who have managed somehow to land on this site eventually realize that there is really nothing for sale on this site. Information gleaned from other places freely on the Internet is gathered and provided conveniently in one spot for your viewing at absolutely no charge. Perhaps the only gain is any influence we might have to cause others to think as we do, and thus create self-fulfilling prophecies for future stock and commodity movements. But we are not programmers or information technology specialists. Our main concern is stocks and commodities. Our website is loaded with HTML errors, caused largely by changing HTML standards and worse, constantly "upgraded" operating systems offered where little or no effort is made to make newer ones compatible with older ones.
Zenith's long established goal is to avoid upgrading and allow this site to be readable by anyone iwth Windows 95 or later and Internet Explorer 6 or later. Unfortunately, lack of consistency among browser standards causes our site to come up differently in different browsers. We get offers all the time from corporations who want to "fix" our site` to get rid of" errors", but when we tell them we want to make it compatible with Windows 95 and original HTML standards, they balk because it will not be entirely compatible with Windows 10. Microsoft's abandonment of supporting MS-DOS after Windows XP is largely responsible for some of these problems. We could adapt using vitual machines or "MSDOS Box" software not created by Microsoft, but so far any efficienty gains simply would not justify the time and effort.
So we continue to limp along with access to sites that work less and less well on our legacy systems, while we refuse to "upgrade" any fiurther. However the loss of many former sites that are no longer accessible to us may force us to begin to strip out certain features of this site that have become too time-consuming to maintain. Meanwhile, we will try to maintain this site as best we can, given restrictions regarding any form of operating system "upgrading" which is annoying to all but the worst programmers who continually seek Microsoft "support." But the quality and speed with which we can produce articles will definitely be negatively affected. Hardware and software crashes are becoming more frequent, and availability of parts and assistance increasingly cumbersome. But we will struggle along with frequent service interruptions as long as we can until the "final crash." At that time, Zenith will have to "re-birth" itself in a redesign of format and location or just die out altogether.
What good is this site? Its purpose for you should be to allow you to "benchmark" your own performance with ours and to see if anything we are doing as indicated by methodolgy suggested in articles where no amount of detailed information is considered "too much" could benefit you in your trading. Hopefully, it's more a matter of "how" you might do, not "what" or "when" you "should" do, where the latter is left for you to figure out for yourself. This site is just an attempt to supply ideas in a standard format. Comments, good or bad, are always welcomed through the e-mail link at the bottom of front pages.
Zenith's Active List of 39 Stocks as of 11/23/2019
(Updated once a week, usually on Saturday except when less than 5 trading days in the week.)
Note: Zenith tries to pick only stocks which are shortable, but sometimes stocks appear afterward on the SEC Regulation SHO list of stocks which are not shortable, which is beyond our control. On some stocks, Zenith may hold more than the number of shares it trades in its inventory. Thus the "short" sale of such a security would technically not be a "short" sale for us and not subject to SEC rules regarding selling securities which are not deliverable. Also, stocks pop on and off the list available for shorting on successive days, so the presence of a stock on the current SHO list doesn't mean it was there at the time it was shorted.
Stocks recently restricted by SEC Rule 201 as not shortable unless we already have a position which are on our Active List include: PAYS (07/21)
