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that's a lot of new business for ABC. Walgreens will have to sell off some of those stores, but many will become new Walgreens locations and many current Walgreens stores will have significant increase in volume. The biggest benefit I see to the deal for Walgreens is that they hold a large position in ABC and ABC shares will soar again. Take heart ABC longs and hold your shares. The agreement between ABC and WBA will continue to benefit shareholders of both companies.
You might want to heed your own advice. Assuming you are short ABC or somehow benefiting from the lower share price for ABC, keep your eyes open. Trains run in many directions simultaneously.
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Thanks. Hopefully it goes over 89.00 on Monday since it was there a few days ago.
Health stocks seemed to come back up a little today . I might be trading IBB since
it's dropped a lot. I feel safer in an ETF. I've gotten killed in single stocks.
If you are looking for some speculative growth take a look at PVHO. This company is doing all the right things! They have huge national brands under contract + real revenues. For a company with over 1mil in quarterly revs to trade with under a 10m market cap is just insane. Intel even wrote a pretty bullish article on the company and their tech. Start your research now.