1M40
05-14
$UnitedHealth(UNH)$ 

As Warren Buffett says the lower the price of a stock goes, the safer it becomes as an investment. The higher the price goes, the more risky it becomes.

However, this only applies to high quality businesses with pricing power, a durable economic moat, with a cheap valuation. Current PE at 13.

Why I bought it? Same reason as why I bought META at $88 in 2022 when everyone say it has no hope already. PE for META was $8 back then. 

ATH: $680, current: $318. (-53%) 

Will continue to add more if the share price drop below $300. not a recommendation to buy and please do not buy it. DYODD.

UNH
05-13 22:54
USUnitedHealth
SidePriceRealized P&L
Buy
Open
317.50+5.26%
Holding
UnitedHealth
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Comments

  • Ar7
    07-29
    Ar7
    you gonna buy more UNH?
    • 1M40: 
      Bought! Very happy 😊 hope the stock can drop lower
  • Ar7
    05-14
    Ar7
    i don't think buying a company that suspended their guidance with the CEO stepping down is a good thing
    • 1M40ReplyAr7: 
      Yea I hope it will continue to drop more so I can own more share at a cheaper price. Best is drop to $0.000001 so I can own the whole company. Haha Been through FB, PLTR, SMCI, AMD. Haha if not how I achieve such a high return?
    • Ar7Reply1M40: 
      it matters because UNH and healthcare in general dont bounce back like that. they take decades to return to previous levels.

      you're probably down 30 or 40 or even 50% rn and it will take years for it to return to your bought price levels and even decades for a return.

    • 1M40ReplyAr7: 
      Does it matter? Back then my Pltr drop to $6, my meta drop to $8, my SMCI drop to $18. I want them drop more so I can use my monthly salary to buy more share at cheaper price. I don’t want them to rise.
    • Ar7Reply1M40: 
      it's just gonna keep dropping until the end of the year or even next year
    • 1M40ReplyAr7: 
      I want max fear until I retire haha if not salary every month come in nothing to buy.
  • qidi
    05-15
    qidi
    yup same question ... is it still buy at low price with Freud investigation ?
    • 1M40: 
      Not low enough. Hope it can drop more so can own more share at a cheaper price. Please don’t buy.
  • Tiger_CashBoostAccount
    05-15
    Tiger_CashBoostAccount
    Thank you for sharing your orders and trading plan. It's a valuable learning experience. I'm sure your strategic use of a Cashboost account will further enhance your profitability. 🥳
    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
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  • ChJack
    05-15
    ChJack
    Why you copying Adam Khoo's post?
  • Mrgaleeo
    05-15
    Mrgaleeo
    Is UNH still a buy with its possible fraud allegations?
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