Reddit Posts
Classic cup and handle about to explode? PACS
Gambling my 401k/Roth from 10k -> $2M ($DOCN & others)
Intelimed and Neural Cloud: a Latin American bet on smarter ECG and arrhythmia detection
Followup on my DDs: $NUVB 17k tax free Gains
Part 2 (Revised) Of 20 year old Gambling on parents retirement accounts (300% gains 🚀🚀) + NEW PLAYS 🤑
$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x Bagger Minimum
$PACS - The DD No One Asked For But You’re Getting Anyway - Easiest 3x bagger minimum
Should short reports be trusted? Why I still believe that PACS is 3x bagger
Alright regards buckle up, we've OPEN the door now we do a value play with $NUVB
Mentions
Bro you soooo mad over one trade lmao. I just can’t believe how pressed you are. TTWO was a phenomenal play last week in preparation of the summer media blitz. Dunno why you got so upset you had to make 100’s of comments all over this app. And 2026 YTD realized is $121K. About a 7% gain of my total portfolio 2024 & 2025 were about 5x that especially due to PACS at the end of the year. But imma give you the last word because you need it BAD lol. You gotta be the biggest smooth brain / retard I’ve ever seen on this app. You’re dunning Kruger personified 😂🫵
There’s going to be a lot of fucking retards in here that will downplay your post, but yes. PACS is going to fucking explode over the next few years. They’re a literal compounding machine. I bought in at around $10 when all the idiots in r/valueinvesting believed the short reports and the bullshit ‘fraud’ allegations which were completely false. I made about $250K on this stock overlevered in stocks and options and I’m holding about $50K until they stop executing.
balance graph doesn't show today's spike from DOCN. in Nov 25: PACS/NUVB as mentioned in the post
PACS was mispriced and I took advantage. Best trade I’ve made in the past few years
remember Hidensburg published short report on SMCI back in 2024? They were also short on RBLX and PACS, SEZL and CVNA
Conspiracy theories are actually good DD at this point. I had a conspiracy that PACS group which committed Medicare fraud and stopped filing wouldn’t be delisted because Trump weakened the SEC too much. And lo and behold it was my best stock going from $10 to $42 in a month lol
You’re my goat and you made me a lot of money on PACS. Also long HIMS.
Because they’re compromised and corrupt. Just imagine that at the top 10 governments on the planet spent hundreds of millions of dollars trying to subvert American electors. Eventually, you’d find dirt or create dirt to corruption and have your leverage…. I would imagine that most the planet has been trying to infiltrate or subvert the American government for quite some time. We know and can see so many examples of foreign money and influence through PACS and other ways. I’m told most senators have an Israeli flag on their door at the countries capital. We know Russia has paid off people etc. If Israel can pay 10 people to follow a senator and a few hackers to dig up dirt, you have leverage very easily
PACS was good, I sold my position @$35. Wish I put more in initiatially but was hesitant on investing in retirement home abuse and medicare grift.
Nursing home stocks skyrocketing today. ENSG NHC PACS
Bfly. Brutally overpriced at spac but the company has compelling tech withs good patent moat thst goes far beyond medical use (cmut ultrasound). Even on a pure medical ultrasound front they are executing nicely with their PACS and ai interpetation of ultraspound and they have a new probe coming out in a year that is rumoured to truly rival cart based machines. Meanwhile point of care ultrasound is starting to become standard of care (reduce hospitalization lengths, improved outcomes with several major med institutions requiring faculty to become privliged in the next couple years). Company has pared down costs nicely as well.
Got a few LEAPS contracts today. It's prior resistance was at 240-245 and it seems to try to break out of it. Another couple of IPOs of interest are MDLN and PACS. I have shares positions on both
i was able to turn my initial ~30-50k -> 100k (by the time of this post) -> 300k then with some weight change between NUVB and my other investment PACS at the right time it went to 1.5M. not realized gain though since i am still holding so i can lose it all
My PACS calls last week at $25 netting $8.5k profit, would be about double right now
I didn't think there are any. If you are interested in researching the individual companies: REITs: VTR, WELL, CTRE, OHI, NHI, LTC Non- REITs: ENSG, NHC, BKD, PACS OHI, NHI, LTC, CTRE are probably some of the safer ones, but with less upside. They get most of their revenue from fixed rent. VTR, WELL, ENSG, and NHC have more risk, but more upside. Their income is more dependent on the performance of the facilities. Changes in occupancy, for example, can greatly affect income. I wouldn't recommend BKD or PACS unless you really know what you're doing. They have a ton of debt.
PACS to $50, enterprise value 80% of ENSG
PACS straight to $50 lmao. Don't say I didn't warn you.
I don't know about capex and depreciation schedules, but I work in healthcare IT and ain't NOBODY depreciating expensive equipment like that at that rate. Hell IT healthcare tries to get a decent decade out of equipment, there are still PACS and XRAY systems using windows XP. Nobody is going to spend this capex and then dismantle it in 3 years. Just no way in hell.
imo PACS will go to $50+ i sold short dated calls, kept the shares unless another scandal comes in i doubt it will go back to 20$ anytime soon but again who knows. *not financial advice, i am just a regard*
Never listen to redditors. I just made $25k on PACS when they said it was a fraud I’m up $30k on Google when they said search was finished (it’s still growing) Up $100k on SoFi when they said “ItS jUsT a BaNk!1”
Finally get to unload my PACS bags after a year! Thanks Hindenburg Research for my first long term capital gain.
2 months ago PACS cofounders literally told everyone they plan on filing their restated financials. For some reason no one on WSB believed them… They literally told everyone what they were going to do and then they did it. Easiest trade I’ve ever made.
PEG ratios are not even absurd right now. You can’t look at Shiller PE and think we’re in a bubble lol Plus there’s still good deals out there. Made $25K on PACS today and they’re still undervalued.
Made about $25K on PACS the past few days. Still undervalued. There’s deals out there still… Not just behind a Wendy’s
not a penny stock but PACS is waking up analyst target of $33 - $35
This is the second post about PACS this morning and I've never heard of it. Does this go to the conspiracy theory that there is a discord type of group that chats behind the scenes? Me thinks so.
why did i sell my PACS man FUCK
Not a penny stock, but is PACS tryna do what WSHP did yesterday lol
Jeezus the PACS guy was right
Made ~$15K on PACS. Absolute no brainer, easy trade. They fucking told you they were going to file lmao. Still trading at a massive discount to Ensign. Give it Ensign’s multiple and it’s a $60 stock. Bet all the DD titty posters feel vindicated while the WAB hivemind that ridiculed them missed out again.
PACS and NVDA got me all hot and bothered.
and I'm out of PACS. 27k win. Not too shabby at all. Just need Ubisoft to announce a halfway decent buyout offer on Friday and it'll be a helluva week
Holy fuck PACS popping off THANK YOU GOD
PACS filing today. I still think there’s a lot of upside in this one. Trading a massive discount to their peers
I should probably say thank you for PACS too, I’m still holding those thru earnings today tho haha
PACS is gonna deliver end of day
Buy PACS after hours. Still undervalued. Hindenburg hit piece was shit. They’re releasing their financials finally to mitigate delisting. Not financial advice.
Nice job, Asagi! Profited 28K from PACS today, still holding. Can't wait for earnings call Wednesday. Buying more in the meantime.
PACS still has room to run before they file
PACS +50% on announcement that they’ll be reporting on Wednesday. Thanks to the PACS DD guy 👵👴
Nice! if you invested in PACS a year ago, you'd be -5%!
PACS out here carrying my portfolio into the green for the day nearly singlehandedly
PACS up 23% premarket, looks like they confirmed they're filing their earnings on the 19th and will make the deadline.
Time for PACS to take off
Exceedingly rare, but I can confirm. Both PACS and Ensign have at least one building each that pulls in $1MM+ in EBIT. One in CA, one in AZ.
PACS ripping second day in a row
PACS green today, known safe haven stock
That’s why I’m buying PACS
Well they sort of did in their latest 8-K on September 11th. "“We have been fully cooperating with the independent Audit Committee’s ongoing independent investigation and working diligently to restate our prior financial statements and become current with our financial reporting obligations, **which we intend to do within the NYSE timeline**,” said Jason Murray, PACS’s Chief Executive Officer. “At the same time, we have been executing on our business objectives and delivering on our focused growth strategy." I just don't see them missing this deadline now. Seems like business has been running unphased and doing great this whole time. No announcement (thus far) of any kind of criminal or fraud related investigation from the Government either, which I am guessing we would've already heard of at this point if that was possible. I don't think this company would be able to continue to operate if they don't report. First off, they already have to complete this audit regardless of stock market or not, as the lenders are awaiting these results too.
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.
Let's break down this AI generated slop article that you didn't even bother actually linking or saying anything about. First, it's no secret that CFO resigned. During this investigation, it was found that he accepted high-value items from companies that do business with PACS. Company asked him to resign, and he complied. They have one of the two founders, Mark H, as the interm CFO in the meantime. Note that Mark was previously the CFO from like 2013-2024, when Derick took over. The stock took a hit from this news, and has since recovered. Let's face it, the CFO probably had to go regardless, given that everything happened under his watch here. Secondly, that article is trying to make estimates and stock price claims based off incorrect or very old values, remember... they have not had a formal earnings since Q2 2024. It's saying fair value of this stock is $2.44 ... book value of this stock is literally like $3.75, and that's based off stale financials which have obviously grown given the acquisitions, # of beds increasing, all operational metrics provided in the latest 8-K, record revenue, etc... The article doesn't even mention any of this information, specifically the ongoing audit/investigation being the reason for the significant drop in share price. Nothing about the latest 8-K and the provided operational metrics. Literally just "CFO resigned bad, stock down 65% this year, incorrect numbers provided to model say stock worth $2" and nothing more.
"PACS Group (NYSE:PACS): Assessing Valuation in Light of CFO Resignation and Securities Fraud Probe" 🤔
The company, which invests in post-acute health-care facilities, said Thursday that the exchange had agreed to let its stock keep trading until Nov. 19 while it works on reissuing financial statements for the first and second quarters of 2024. PACS said in June that it overstated revenue for those periods and that its prior financial statements shouldn't be relied upon. Why should I invest in this company? They don’t even believe their own numbers
I suggest adjusting this reminder to Nov 19th. That is the final date for PACS to file all delinquent financials. Very possible nothing happens by November 1st. Q3 2025 financials are due Nov 14th as well.
You can't see this? |Metric|PACS Group|The Ensign Group| |:-|:-|:-| || |**Market Cap**|$2.13 billion|$9.97 billion| |**SNF Beds**|32,208|\~35,427| |**Revenue (Q2 2025)**|$981.8 million|$1.04 billion| |**Revenue Growth YoY**|26.8%|16.6%| |**Adj. EBITDA Margin**|\~10% (estimated)|11.2%| |**P/E Ratio (Approx.)**|10-15x|\~30x|
Been a while I haven't given an update to this thread giving how air tight PACS is. If you follow the PACS leadership on LinkedIn you might have seen this: "*What an incredible season of momentum for PACS Group.* *Just weeks after announcing that PACS expects to report record revenue for the first half of 2025—driven by industry-leading occupancy, a growing portfolio of high-quality facilities, and strengthened compliance programs—we gathered in Chicago for our 2025 Leadership Summit.* *We hosted nearly 400 PACS employees and close to 300 guests—about 700 people in total. The energy was unmatched. Together, we celebrated:* *• A culture of high-integrity leadership and extreme accountability* *• Our commitment to local decision making by high functioning teams.* *• A renewed focus on compliance as confidence—guidelines and guardrails that allow us to innovate and thrive* *• Stories of remarkable facility-level success, shared directly by administrators leading the way in their communities* *It was clear in Chicago: PACS is not only performing at record levels—it is a place where leaders feel inspired, trusted, and empowered to do their best work.* *I’m grateful to stand shoulder-to-shoulder with so many talented colleagues who are driving change in post-acute care. The road ahead is bright, and we’re just getting started.* *#Leadership #HealthcareIsLocal #PACS*" do i believe PACS will file? yes. am i sure everything they will file is positive? no. is it worth the bet? yes
I have covered PACS in the past, i would encourage you to jump in. You can check out my DD: [https://www.reddit.com/r/wallstreetbets/comments/1mtzwaj/should\_short\_reports\_be\_trusted\_why\_i\_still/](https://www.reddit.com/r/wallstreetbets/comments/1mtzwaj/should_short_reports_be_trusted_why_i_still/) or u/simple-software3 DD
lowk just sold now at 14.17, i'll take the profit. dumped everything from PACS into NXXT
New positions: PACS and CNC to celebrate my wife’s acceptance to the nursing program. Holding and swing trading NBIS still. Sold UNH and Warner Bros (new peacemaker episode was great tho). Holding lots of cash across non degenerate accounts. Forgot in post
PATH and PACS shall bring me home
Market cap is $1.8B for PACS vs $9.5B for ENSG if that helps you compare their valuation fairly...
I’m not trying to compare them purely on share price. They are similarly sized for SNFs and both in the top 3 in the nation. Check beds and occupancy numbers between the two which I’ve linked. ENSG is slightly bigger and has been around longer. PACS should not be a $12 stock is what I was trying to say.
ENSG and PACS seem to be doing just fine and have this down to a science where they take these failing homes that are hemorrhaging money (as you mention) and turn them around into money printers. Just look at their occupancy numbers. Way higher than industry average. The concern about government Medicaid/medicare cuts is very fair and valid. That’s a larger political discussion in my opinion. But something to monitor and be aware of if you invest in this stock. With that said though, even if cuts came tomorrow, this stock is incredibly undervalued still. This should be a $30 stock, at a minimum.
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.
Would’ve been really hard for a day trader to resist taking profit as it moved from 7.50 to 12, no? Especially given that PACS trades sideways and down. Up until now. Anyone else is either not touching it, or holding until November 19th.
This is what makes it unique! Don’t think many companies miss a years worth of filings and stay listed this long. NYSE would’ve delisted them 6 months in if they didn’t see something behind closed doors from PACS. Trust.
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!
I think FY 2023 net income was around $150M. Q2 FY2024 was $35M-$40M range. Net margin was 5% or so, comparable to $ENSG. Indeed, PACS appears to be acquiring aggressively and taking on a lot more debt which can be a risk. Liabilities around $5B from a bit of searching. All natural given the aggressive growth strategy. Interim CFO said they will be reporting record revenue when they are compliant. I believe I saw folks estimating this to be somewhere around $4.5B I would say for anyone hesitant, to open a small share position or maybe a few 2027 LEAPS, give them a chance to become compliant by November, I think anything below IPO price is a free discount.
Unfortunately it's hard to say that without the true numbers since Q3 2024. Let's look at the last known EPS and share price (\~$43) right before the right hit. PACS was trading at a fair market multiple in line with Ensign and the broader SNF sector. Based strictly on EPS and comps, it was reasonable. PACS was not out
Yes, but he compared other metrics like beds/etc. I assumed as well he was a complete regard that thinks "hurrr durr. $5 cheap company. $100 per share expensive company". EPS is a bit hard to estimate with all those missed SEC filings. Last EPS was -0.07, though for $PACS.
As you mentioned in another post, timing is what matters. I personally believe it's going to take YEARS before this trickles and impacts to large players (PACS is a large player, it is top 3 in size easily). Their bread-and-butter, with a proven track record, is acquiring bleeding facilities that are losing money and turning them around into money making machines. This is great for pacs in the near term, sucking up these small players and turning them around because they have the playbook down to a science and the resources to do so. Even just recently: [https://www.mcknights.com/news/skilled-nursing-owner-buckeye-chai-files-for-bankruptcy-months-after-selling-facilities-to-pacs/](https://www.mcknights.com/news/skilled-nursing-owner-buckeye-chai-files-for-bankruptcy-months-after-selling-facilities-to-pacs/) Please don't compare assisted living to skilled nursing. Come on. Am I worried about CMS and cuts to midcare/medicaid due to the current administration? Yes. In any case they are still completely undervalued at the current estimated financials and growth. Could some of this impact share price and gains in the very long term (years+), sure, but they are still printing money at this point and will continue to do so right now. I just don't think you can realistically open a bearish long position right now.
Sounds like PACS could be a nice play then. Definitely not short term puts
u/Simple-Software3 is the man, a firm PACS believer. Everything he mentioned is spot on, in fact if you had bought in at the time of my updated DD your options would be worth 30% more.
by design, my PACS dd got mentioned in Yahoo Finance. didn’t want the flood of people to see my gooning habits if you catch my drift. good point though, will whitelist wsb though
just want to add into it: i am long PACS and this hasn’t changed as of now
BREAKING NEWS: PACS Group, Inc. announced the resignation of CFO Derick Apt due to policy violations, resulting in a separation agreement and waiver of a non-compete clause. Mark Hancock, previously CFO, is appointed as the interim CFO. PACS Group, Inc. PACS is headquartered in Farmington, UT. Source: The 8-M
Update on someone who has some kind of connection to PACS, when asked why PJ left: *The resignation was a dignified way of letting him go. If you can read between the lines. The new compliance officer is doing her job . The 16k a month is basically a severance but stated as a consulting fee. End of story .*
UPDATE and EDIT of the DD: Realized I made a mistake on the ACTUAL deadline date. **PACS is given until September 2, 2025, to submit the overdue Q3 2024 10-Q to regain compliance** with listing standards. **But it CAN EXTEND UNTIL NOVEMBER 19th AT MOST**
Question, say it gets delisted, I get that it will hit bottom hard going into Nov 19 without reporting announments. But on Nov 20th it will be at OTC. Now this is a solidly growing company with good financials (as far we know). I remember Luckin Coffee, I made few Ks quickly after they went OTC. And that is a Chinese company. What are the worst case scenarios going OTC for $PACS?
The issue with them (according to Hindenburg) is that PACS abused them heavily to pump up their numbers to make their IPO look attractive. With those waivers gone, according to them PACS is an unprofitable roll up of distressed SNFs. Just a bunch of exaggerations and misinformation from Hindenburg.
PACS is incredibly undervalued no matter which way you spin it, as long as they stay listed I don’t think you can lose out on this. Doesn’t look Unfortunately wsb, being filled with actual regards, only understand tech stocks and can’t read DDs properly.
I’m in! This looks juicy as someone that seen how SMCI went. If it wasn’t due to macroeconomics SMCI would’ve been 100+ after they filed. I was a very early investor in PACS I think this has potential to absolutely soar forgot all about this stock picking up a few hundred long calls today market open. Will also hedge 25% in the event they don’t file. Don’t believe there is any possibility this stock stays flat. Feels like it’s either dropping to oblivion or will be all time highs by march next year.
September 2nd is a deadline by the NYSE. The true 12-month maximum cure period for all delinquent earnings is November 19th 2025 then the delisting will begin. PACS has mentioned they intend to file the missing earnings by September 2nd. Although it appears they can miss it, not sure if they have to show NYSE some kind of progress or something
It's hard to read the 8-k and assume everything is going to be cleared and reported in time. PJ resigning is not a good sign. Feels like PACS doesn't have control of the room at the moment, and that outside counsel and/or auditors are calling the shots. I'd assume they'll do everything they can do to file timely. But from a non-professional, outside perspective, it doesn't look like they'll make it in time. It also feels like PJ won't be the last major player to exit. But that's pure speculation.
Net Patient Revenue can be, and often is, manipulated with administrative pressure. It's a decent proxy for winning market share, but it's not an end-all, be-all. NPR is essentially driven by three players in the facility - marketer (bringing patients in), MDS Nurse (coding for reimbursement) and administrator (driving processes). All three of those parties in PACS facilities are in some amount of hot water in the current investigations, so it might be fair to expect that metric to come down.
What are your thoughts on the 8-K filed by PACS today? Technical defaults, forbearance, PJ departing
So CEOs can't invest in foreign companies, but it's ok for Congress members and Senators to get monetary support in the way of PACS with dark money often from foreign interests, not to mention AIPAC?
Hi all, this is my first posting to Reddit (or any site for that matter). But learned quite a bit about $PACS here. Lot of insightful comments. Helpful. But I did not see anyone talk about NPR here. NPR (Net Patient Revenue)- I found this looking around ( I am bigly invested in $PACS, bought several times starting around $14 thru $11) . Please see this link, it shows PACS group total Medicare and Medicare NPR is larger than ENSIGN for 2024. $4.2B VS. $4.02B, PACS is largest revenue getter from government and ENSIGN is the second. I understand that PACS may have to take out at least $65 (may be some more for q3 and Q4) - still PACS NPR may stay larger than ensign for year 2024. Please let us know if anyone see significance to this. Btw, for 2023 NPR, ENSIGN was way ahead of PACS. $3.5B vs. $2.6B. Ensign was highest and PACS was third. Here is the link: https://www.definitivehc.com/blog/top-10-largest-skilled-nursing-facilities
Yeah sorry I did say "used to" but my hospital, last I worked there, still used them for their night reading when I left. But diving into the CEO now and their efforts it seems to have focused more on mental health app support. They just seem established enough to be leading the charge on AI assisted software for hospital accuracy in readings. Market for online visits with docs for anything like mental health or other issues is saturated enough. I can use Wallgreens, cvs or even Amazon for that at super low costs. Software licensing with AI could easily integrate into their model as they are contracted with a lot of hospitals already, even tapped in to their PACS system already. And, it's a future pipeline that will develop and last for ages.