Friday, December 1, 2006

Value play: Buy Triad (TRI): 13d reports active investor group values stock 25 to 50% higher from current levels

Triad Hospitals (TRI) stock is being actively accumulated by a private investor group for the following reasons as stated by StreetInsider 13D Tracker : "The hedge fund said the company should amend the composition of the board, focus on improving and optimizing existing assets, excess cash flow should be returned to shareholders through dividends and they should increase leverage significantly." Since the November '06 base, Triad has had quite a run up filling its previous gap and currently appears to be pulling back to the $40 range support level.