Why on earth would a day trader waste so much time on researching long term fudamentals? Sounds counter productive.
"How about discussing Walgreens current selling price??"
Looks to me like it just keeps going right back up. Is that enough discussion for you?
"Or why the CFO resigned in the middle of a merger??"
Who cares? Evidently they found a better man for the job. That's great!
Looks to me like investors are reacting favorably.
If you remember, and I doubt that you do, WAG stock went from 60 to 76 in a very short period of time. Most of that increase was coming at a time that tax inversion possibilities were being discussed. When WAG made the right decision, most of that run-up was given back.
I remember you bashing WAG for what you mistakenly thought was a done deal on the tax inversion.
When they announced that they would not be doing it, why didn't you praise WAG for making this decision?
WAG stock is right where it would have been had this inversion thing never had come up, and it is gaining most every day. Just another great chapter in this company's history.
Don't you feel kind of ridiculous for bashing this stock ever since it was in the twenties?
Look at all the money you could have made.
Oh well, I guess we all can't be intelligent investors.
How about discussing Walgreens current selling price??
A 10 billion dollar loss in selling price is what investors are currently looking at, how about
discussing this overvaluation by the majority of big money investors, was this based on uninformed speculation???
Or why the CFO resigned in the middle of a merger??
These are shake up events, however you are more interested in pumping Walgreens next chapter .
Well the last 4 chapters failed and Walgreens is spinning the same old tail, More cuts, increasing Daily living sales, higher margins, and Divi growth..
Sorry, your dog just cant hunt, and now the Hedge fund managers moved into play the spread .
and should they pull their 5%+ holdings you could be looking at 55.00 a share and a collapse of this merger.
You're doing a nice job building sentences, robbsbeach. I'm offering you a little constructive criticism as a means of furthering your progress.
"CC43578 is confused and I can understand why." This sentence is complete with subject and predicate and also is well punctuated. The only problem is ---you never go on to explain why you think I'm confused. Nothing in your 2 paragraphs supports your opening remark.
The rest of your first paragraph attempts to compare the stock market to a retail merchant, but you never really show any comparison. "Buying in" or "stay at home with the hoping thing" are the only two options you give. I don't know of any retail merchant that allows you to walk into the door and buy into the company. As far as the other only option available----what about going out to eat, golfing, fishing, mowing the grass, etc.
In the second paragraph, you take a dramatic turn back to the grammar mistakes I thought you had gotten past. Again, this is not a personal attack. It is designed to help you convey whatever message you are trying to get across.
" The Stock Market employees many highly skilled folks" There's no verb in this part of your sentence. "Employees" is a noun.
"their job is to take money off the equities table" Really? Is that their only job? They don't ever put money ON the equities table?
"in the bid ask spread" As opposed to what?
"based upon a companies revenue/growth outlook model" That's it??????????? Do you really believe that EARNINGS play no part in investing strategies?
"and there debt interest payments" "there"???????????
"debt interest payments will increase so the model was not working" That's cute, imaginative, and nonsensical, but at least you're trying.
To be continued..............
CC43578 is confused and I can understand why. . The Stock market is similar to being a retail merchant.
The market is where you go too buy and sell a limited ownership in a company... otherwise staying at home and hoping you did not buy into Sears, Woolworths, Boarder Book etc., is your other option
CC believes buying and holding is the only way to make money and if that suites CC fine, I prefer to trade the Highs and low's making my money along the way, and using the skills of others investors and analysts.
The Stock Market employees many highly skilled folks and their job is to take money off the equities table in the bid ask spread, based upon a companies revenue/growth outlook model.. Well Walgreens revenue outlook had been rewired downward, and there debt interest payments will increase so the model was not working.. This is why Walgreens lost 10 billion in Value in 1 day.. Walgreens CFO the second most important manager in a company for no announced reason resigned in the middle of a merger.... so more than we the retail investor are being told is in play on Walgreens selling price..
Good luck trading all..
Agreed. That's why I no longer respond to him and skip over his post that he puts up all day long. It's like theWAG/Rorbbsbeach negative mumbo jumbo message board.
By now you've noticed that there's something a bit abnormal about the posts made by robbsbeach. He seems to inappropriately string words together without fully understanding their meaning. If you try to make sense of any of his posts, you can't.
I occasionally criticize him, but now I am having regrets.
Mental illness is not something to be chastised.
I say that we should let him do his thing, and offer him our support. I'm sure it would mean a lot to robbsbeach.
DEQI gets ready to launch its first mobile game as it channels $2.788 billion global box office movie. This could mark the start of the great $2 breakout
Our friends(cough) on Wallstreet, hedge funds, Investment banks and market makers are chumming the water before selling off again
Watch the Volume with a disproportional price offering, these are the professionals in liar's poker who will build the pot before they sell, shimming money off the bid/offer price.
I doubt they will take this to 63.00 before selling again...
Just remember you are sitting at the equity gambling table , where the real value is what Walgreens bond rating agencies will do with Walgreens credit ratings..
Walgreens business model of convenience has been disassembled and rewired under the current management for over 4 years now and they still have the same executive saying more cuts need to be done.
You do understand that 2015 revenues will be flat to negative based on Walgreens own statements and Walgreens is faced with more pressure from the larger retail players like WMT, Target, and Cost-Co and possibly new players.
If Walgreens can't meet its compounded annual growth rate here in the states, how do you think they will do it, in a gov't controlled Rx market.
Wall-street, banks, investment banks have a huge investments in Walgreens retail model and they led the pricing sell off, so until growth for the ROI is shown... this stock is going to experience a non stable selling price.
From the seeking alpha dated 8/6:
Cost Savings Potential
In the first 9 months of FY 2014, combined synergies for Walgreens and Alliance Boots were approximately $367 million and the company expects to deliver second year combined synergies of $400-$450 million. This is up from the first year partnership combined synergies of $154 million. With the remaining 55% acquisition, Walgreens has announced a goal to exceed $1 billion in combined synergies. There is a good article on Forbes, where author, Leo King, says the $1 billion in synergies will come from its operating costs and in particular IT. Costs will be slashed and efficiencies will be found across a number of major areas, including procurement, supply chain, store planning, loyalty schemes and e-commerce. The combined companies will have over 100 million loyalty card members that it can utilize useful data to improve costs and increase sales.
Day traders are a dime a dozen and worth about as much at the end of the day. It's about time that you learn about a company before you take a position. The cost savings will come from many different sources. It's not tied to just one. the combined net synergies for the first three quarters of fiscal year 2014 were approximately $367 million. In addition, the company increased its estimate from $375-$425 million to $400-$450 million for the year. the company has decided to close 76 unprofitable stores between April and August 2014 to save $40 to $50 million per year beginning fiscal year 2015. The reasons behind this decision was the fact that most of the stores are located near other Walgreens locations.
Walgreens has underway a program to drive immunizations much higher. This year when getting their annual flu shot patients will be evaluated to see which other vaccine(s) they might be eligible for, and will be offered them at the same time. This will result in a huge increase of Tetanus, meningitis, pneumonia, and shingles shots. One should not underestimate the value of the incremental revenue increases.