Monday, December 10, 2007

WellCare lifts afterhours

Bruce Berkowitz picked up 6.7 million of WellCare shares for Fairholme funds, and WellCare picked up a couple more contracts. Last week, WCG announced retention agreements in case the company was put in play.

A value stock buyer, Berkowitz has averaged 19% a year since 1999. He has over $1.5 billion in Berkshire Hathaway, the best stock on the big board.

He's now on board with WellCare.

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