|October 4, 2011
Concord Medical Services (CCM) is almost a classic deep value stock. Let me give you the rundown, then get to the 'almost.'
CCM stock IPO'ed at eleven dollars on the NYSE in December 2009. Since IPO, the company has dropped to three dollars and change, despite slowly but surely executing its intended business plan to operate a network of radiotherapy and diagnostic imaging centers (and soon to be hospitals).
Basically, CCM leases expensive medical equipmen... |