Tenet Healthcare director sells 16,542 shares

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Tenet Healthcare director sells 16,542 shares

Bobby Raines 10/07/2013

John Ellis Bush, who sits on the board at Tenet Healthcare ( THC ) , sold 16,542 shares of the company's common stock on Oct. 2. At between $44.00 and $46.20 per share, Bush brought in $747,848 from the sale.

IK-> The technicals for THC ($46.27 up $0.17) are bullish with an upward trend. Recent support has been around $43.77 and recent resistance has been around $47.13. Standard & Poor's has a four STARs (out of five) rating the stock. Look at the Jan. 55/60 bear-call spread for a 35-cent credit. That's a 7.53% return and the stock has to rise 18.9% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options

Referenced Stocks: THC

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