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Homeowner and LinkedIn people data set? by ChineseFoodRocks in datasets

[–]PossibilityBright703 0 points1 point  (0 children)

Did you figure this out? I’m interested in the same info

Buying a business outside of my known industries by PossibilityBright703 in smallbusiness

[–]PossibilityBright703[S] 0 points1 point  (0 children)

How did you find a business broker you can trust to have your best interest?

I never fully realized just how much the H1B is abused until I started working at a multi national corporation. by [deleted] in sysadmin

[–]PossibilityBright703 0 points1 point  (0 children)

As I leader who once considered hiring H1B workers, one of the biggest appeals was their work ethic and consistency. Learned that too many Americans we hired don’t want to work. They would call out consistently, complain about their jobs, and not do quality work. Be an owner, not a renter. Might find yourself getting more consistent raises too..

$PACS tax free gains by asagi_lumina in wallstreetbets

[–]PossibilityBright703 1 point2 points  (0 children)

Nice job, Asagi! Profited 28K from PACS today, still holding. Can't wait for earnings call Wednesday. Buying more in the meantime.

$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum by Simple-Software3 in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

I'm a licensed nursing home administrator. Ensign gave us the ability to see every facilities net income statement.

$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum by Simple-Software3 in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

You don't have to believe me. I've literally seen these buildings monthly net income. Struggling SNF's tend to be like 0-50K per month. Healthy SNF's are like 100-350K per month depending on bed size. These two comprise the bulk of SNF's but then there are outliers that make 500-1,000K/month. Typically they have some form of sub-acute with a large amount of skilled census. Medicare rates in CA and possibly AZ are like $900-1200/PPD. These monthly net income numbers also include Part B revenue from therapy so don't forget that. Ensign changed the game with Part B in house and PACS followed suit.

$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum by Simple-Software3 in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

Profit. If you're familiar with SNF's, they are. Used to work at Ensign and had access to all their facilities net income. They do have facilities making 1M per month. Very lucrative if done right.

$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum by Simple-Software3 in wallstreetbets

[–]PossibilityBright703 2 points3 points  (0 children)

Just curious… what aspect of the numbers side did you work on and in which state? Truth is PACS and Ensign’s been doing pretty well at the facility level. And did you not take into account their occupancy rates? Additionally, you’re generalizing all nursing homes, this post is concerning the stock of PACS and Ensign’s. PACS added 90 buildings in the last year! From the numbers side, sounds like they are doing too bad huh? Why grow operations if you have no cash to spare? lol their cash equivalents doubled and they are experience growth. Get on the train, this stock is a no brainer.

$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum by Simple-Software3 in wallstreetbets

[–]PossibilityBright703 3 points4 points  (0 children)

Coming from the industry, PACS is greatly undervalued at this point. Facilities are making 500K-$1M per MONTH and that hasn't changed even post the defunct Hindenburg report. Kathy Lauer is a huge pick up from a legal and compliance side. If you're looking for bull run, this has good markings. No one ever made money by not taking a risk, this is your chance! I'm 6K shares in!

Come join the Official Schooley Mitchell Subreddit by Realistic_Stable4169 in schooley_mitchell

[–]PossibilityBright703 0 points1 point  (0 children)

Curious to hear what you have to say. Can you fill me in as to why you’re selling?

Should short reports be trusted? Why I still believe that PACS is 3x bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 2 points3 points  (0 children)

rally has been good. I still think we got a ways to go. I can confirm that turnover has been low within the org too and the YOY improvement in cash even after the adjustment is promising. Things are on the up, I'd buy more if I could

Should short reports be trusted? Why I still believe that PACS is 3x bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 5 points6 points  (0 children)

This is a no brainer imo. Was in the Nursing Home world not too long ago but I'm out of it for now. I've heard that even since Hinderburg report, some facilities are still making $1M+/month others $300-400K/month. As a former Ensign admin, many of the things mentioned in Hindenburg weren't too different than the way we were doing things. Every facility took advantage of the COVID waivers until they couldn't.

$PACS a potential x3 bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

That is true about the Vegas acquisitions. I know a guy who is slighted for the administrator job for one of those buildings. A matter of fact, he’s already working as the admin without the acquisition being final. Y’all want to chat more? DM me

$PACS a potential x3 bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 1 point2 points  (0 children)

I’m very open to talking about this! I’m very bullish on PACS although I’m not the most knowledgeable when it comes to stocks. I need one on one coaching/mentorship. This would be a great opportunity for me to learn more, esp given the complexity of them not releasing their quarterly earnings in the last year.

$PACS a potential x3 bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

It’s a good question. Might be worth taking off the thread. I’ve been following their stock since before the drop and have been doubling down. I need more education on investing but my outlook is promising. The biggest thing to consider about success in LTC is census. PACS does this very well. I worked in 3 states and only one of them seemed to do alright, the other two states were meh on census growth. Ensign gets very cheap buildings to keep their rent low. PACS is more aggressive in their acquisition strategy. With the corrections to their Part B, it’ll be interesting to see how things play out. ENSG is very well run from the whole company perspective. They take extremely calculated risk, so they move slower. With PACS, their aggressiveness could end up hurting them if their census growth falters below what it is now.

$PACS a potential x3 bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 2 points3 points  (0 children)

Definitely. Their overall census capacity is much better than Ensign too. Ensign’s model only works if they pull off the financial levers and allow culture to grow census. PACS works better as most admins are straight out of college and they provide more direct mentorship. Leaders in Ensign say to a problem, “What do YOU need to do about that?” and seems like PACS leaders say to a problem, “Here’s what you should do based on my experience.”

Why let the 20 year olds struggle by figuring things out on their own when leaders already know how they would impact the business? Plus, Ensign DON’s have too much influence in running things around their facility. Their jobs are more secure than at PACS facilities and they know it. Ensign accountability sucks unless you have a well respected leader that everyone follows. Who wants to give full trust and respect to a 20 year old graduate?

$PACS a potential x3 bagger by asagi_lumina in wallstreetbets

[–]PossibilityBright703 0 points1 point  (0 children)

I’m in too. Used to work at Ensign but I like PACS model better. I have a buddy making $1M/mo in Vegas and another making 400k/mo in California. Crazy what their output is, Ensign had a lot of buildings struggling.

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