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Trading Almost Family Shares (AFAM) in December 2010

|Includes:Almost Family Inc (AFAM)

Almost Family, Inc.provides home health services in the United States. The company operates through two segments, Visiting Nurse and Personal Care. The Visiting Nurse segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, typically following a period of hospitalization or care in another type of inpatient facility. The Personal Care segment provides services in patients' homes on an as-needed, hourly, or live-in basis.

For the first six months of 2010, Almost Family reported net income of $15.8 million, or $1.69 per share, diluted, compared with $11.6 million, or $1.40 per share, during the same period in 2009. Revenue for the six-month period rose nearly 17 percent, to $167.4 million from $143.5 million during the year-earlier period.

Almost family also disclosed inquiries by the U.S. Senate Finance Commission and the SEC related to its home health care services and Medicare home health reimbursements. Medicare reimbursements are determined partly by the number of at-home therapy visits a patient receives, and an extra fee kicks in beyond a certain number of visits. Questions are whether some home health care companies are taking advantage of Medicare reimbursements.

The company has clearly established a trend of always closing higher than it opened every December for the past 10 years and this year should be no different. With the stock sitting towards its 52 week low and now consolidating, Almost Family shares may be a trade to look at this December.

Date Open High Low Close Closing Gain

High
Gain

Dec-09
Dec-08
Dec-07
Dec-06
Dec-05
Dec-04
Dec-03
Dec-02
Dec-01
Dec-00
36.48
43.96
19.33
30.48
15.34
11.60
8.80
5.28
14.30
3.12
42.31
51.00
19.50
43.90
16.09
14.85
9.46
7.33
16.34
4.34
36.27
39.33
17.12
29.15
15.04
10.25
7.91
5.28
14.15
3.00
39.53
44.98
19.43
43.82
16.00
14.73
8.95
6.94
15.95
3.56
8.36%
2.32%
0.52%
43.77%
4.30%
26.98%
1.70%
31.44%
11.54%
14.10%
15.98%
16.01%
0.88%
44.03%
4.89%
28.02%
7.50%
38.83%
14.27%
39.10%


Disclosure: I have no position in Almost Family Shares (NASDAQ:AFAM)
Stocks: AFAM