Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of hospital giant Community Health Systems
So what: Yesterday, the accusations made by rival Tenet Healthcare
Now what: I'd continue to stay on the sidelines at this point. While reaction from Wall Street analysts have been fairly mixed, it's clear that Tenet's accusations -- justified or not -- will likely lead to increased scrutiny and action from regulators. Unless you're willing to cope with these extreme gyrations associated with so much uncertainty, Community Health doesn't seem like the most pleasant stock to own.
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