Thread regarding Molina Healthcare Inc. layoffs

To the individual who commented, “So this is part of his pay yeah? Not like he spent 4 million out of pocket?”, the answer is No, it is not part of his pay. That’s why it’s extenwlt notable. Hence all the articles about this purchase. Inencoerage everyone to read the links others have posted here to Reuter’s and Barrons articles about James Woys role at Molina, where he comes from and his tremendous confidence in his investment.

The articles emphasize how significant James Woys investment is, in Molina. I think one could deduce he has valid reason for that confidence, considering he is coming off of decades of leadership at Centene. It wouldn’t be a long shot to say he knows there’s a looming transaction that is to come soon. Stocks always rise for a takeover target when the takeover occurs. He has an awful lot of confidence in Molina. He is an insider. Hang onto your Molina stock until after the predicted takeover.

Also, it seems most Molina employees have no idea who James Woys is or that he now owns a massive stake in the company.

Buh bye Molina.

Interesting write-up on it: https://www.barrons.com/articles/molina-healthcare-executive-makes-record-stock-buys-1537961400

So this is part of his pay yeah? Not like he spent 4 million out of pocket?

If you look at the Reuters link, it identifies zero cost purchases of shares and gifts.

Or maybe this is part of the Executive VPs stock award value. The total package of compensation. Also, HealthNet was acquired by Centene. The VP most likely stayed like JW and TB but then eventually had to leave. Of course with $$. But I do agree that Molina will be acquired. When who knows.

I see lots of layoffs in the horizon! The are well established and will only be keeping claims and membership/member services and their supportive components.

Damn, there goes another year without a Christmas bonus! Again and again and again.

You are not crazy, original poster.

My money is on Centene, by way of Health Net since the current Executive VP of Molina’s Health Plan Services is JZ’s buddy who spent the last 30 yeas at Health Net.

This is an aquision dream team.

The future is as bright as the sun with these guys leading the charge. Stick around and you may end up working for Centene/Health Net, which will likely be a million times better than working for slip-sod Molina.

Thanks for that Reuters link, whoever posted it. That is interesting, indeed.

Xerox to acquire Molina

If you want to connect the dots, here is the data on MOH trades made by folks who may have insight into the future of the company.

https://www.reuters.com/finance/stocks/insider-trading/MOH

To get bang for their money...looks like we will be acquired by Humana, WellCare, Anthem or UniteHealth? Or even possibly Amazon?

He isn’t an id--t. He knows something. The Executive VP is not named here because names are forbidden. But it isn’t hard to google “Molina Inside Trading” and the top recent trade was this very purchase (and you will learn who he is). He is a former executive at Health Net who joined the MOH board earlier this year.

Dollars to donuts, Heath Net will buy Molina.

The question of whether this indicates a turn for the better for Molina is a matter of where you land in the take over. Right? If we are talking about the future of Molina...it looks like it will become part of Health Net or another large plan. That might be great, as long as you don’t care that it isn’t going to be Molina anymore. It may be bad for those of us hanging onto our jobs because Health Net won’t need all of us. Now is a good time to try to get a job at Health Net. It may be the one company that may value our Molina experience. Or not...since Molina’s reputation is at an all time low.

Hang onto your hats!!! The next phase may be upon us.

I agree. Thanks for sharing this.

A Vice President who buys $4 million worth of stock knows he/she will make money on that stock. Like, a sure thing. One of the reasons a VP would buy a heap of stock is if they suspect an acquisition which will stimulate stock price. Being a takeover target increases stock value. The stock of the acquiring company tends to drop in a takeover, while the opposite happens to the target. When a company is sold or merges (Molina would be the acquired target company in this scenario) it’s stock increases in value partly due to the premium the acquiring company has to pay on the target’s shares.

A VP at Molina likely holds some phantom stock, which is good if the company is sold. Employees that own phantom stock receive money equal to the amount they would have received had they owned actual stock on the company. This is FREE money so it’s mrle valuable than stocks that are purchased, even at the discounted employee rate. Phantom stocks are part of the benefits package, not purchased.

We can’t know of sure, but this VP’s choice is a “tell” that an acquisition may be in the works.

Maybe he’s an id--t.

Hmmm